Cardinal Ethanol, LLC reported earnings results for the first quarter ended December 31, 2021. For the first quarter, the company reported sales was USD 150.26 million compared to USD 93.24 million a year ago. Net income was USD 32.4 million compared to net loss of USD 1.06 million a year ago.

Basic earnings per share from continuing operations was USD 2,218 compared to basic loss per share from continuing operations of USD 72 a year ago.