Avance Gas Holding Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 55.42 million compared to USD 47.38 million a year ago. Net income was USD 11.6 million compared to USD 4.22 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.06 a year ago.
For the nine months, sales was USD 187.13 million compared to USD 158.54 million a year ago. Net income was USD 54.28 million compared to USD 24.62 million a year ago. Basic earnings per share from continuing operations was USD 0.71 compared to USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 0.71 compared to USD 0.34 a year ago.