Barka Water and Power Company SAOG reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was OMR 3.99 million compared to OMR 11.46 million a year ago. Net loss was OMR 0.799105 million compared to net income of OMR 2.44 million a year ago. Basic loss per share from continuing operations was OMR 0.005 compared to basic earnings per share from continuing operations of OMR 0.015 a year ago. Diluted loss per share from continuing operations was OMR 0.005 compared to diluted earnings per share from continuing operations of OMR 0.015 a year ago.
For the nine months, sales was OMR 11.43 million compared to OMR 28.71 million a year ago. Net loss was OMR 1.66 million compared to net income of OMR 5.16 million a year ago. Basic loss per share from continuing operations was OMR 0.01 compared to basic earnings per share from continuing operations of OMR 0.032 a year ago. Diluted loss per share from continuing operations was OMR 0.01 compared to diluted earnings per share from continuing operations of OMR 0.032 a year ago.