Coal Energy S.A. reported earnings results for the first quarter ended September 30, 2022. For the first quarter, the company reported sales was USD 0.285 million compared to USD 0.432 million a year ago. Net loss was USD 1.07 million compared to net income of USD 0.012 million a year ago.

Basic loss per share from continuing operations was USD 0.0237 compared to basic earnings per share from continuing operations of USD 0.0003 a year ago.