Africa Clean Energy Solutions Limited reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported revenue was USD 0.229487 million compared to USD 0.123072 million a year ago. Net income was USD 0.075966 million compared to net loss of USD 0.052393 million a year ago. Basic earnings per share from continuing operations was USD 0.0051 compared to basic loss per share from continuing operations of USD 0.0018 a year ago.
For the nine months, revenue was USD 0.177531 million compared to USD 0.780996 million a year ago. Net loss was USD 0.370795 million compared to net income of USD 0.091001 million a year ago. Basic loss per share from continuing operations was USD 0.0117 compared to basic earnings per share from continuing operations of USD 0.0031 a year ago.