3R Petroleum Óleo e Gás S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was BRL 2,360.26 million compared to BRL 502.37 million a year ago. Net loss was BRL 83.49 million compared to net income of BRL 431.86 million a year ago. Basic loss per share from continuing operations was BRL 0.38 compared to basic earnings per share from continuing operations of BRL 2.13 a year ago. Diluted loss per share from continuing operations was BRL 0.38 compared to diluted earnings per share from continuing operations of BRL 2.13 a year ago.
For the nine months, sales was BRL 3,770.54 million compared to BRL 1,277.29 million a year ago. Net income was BRL 6.22 million compared to BRL 192.57 million a year ago. Basic earnings per share from continuing operations was BRL 0.03 compared to BRL 0.95 a year ago. Diluted earnings per share from continuing operations was BRL 0.03 compared to BRL 0.94 a year ago.