3R Petroleum Óleo e Gás S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 573.7 million compared to BRL 375.29 million a year ago. Net income was BRL 12.69 million compared to net loss of BRL 292.12 million a year ago.

Basic earnings per share from continuing operations was BRL 0.06 compared to basic loss per share from continuing operations of BRL 1.44 a year ago. Diluted earnings per share from continuing operations was BRL 0.06 compared to diluted loss per share from continuing operations of BRL 1.44 a year ago.