Forges Tardieu Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MUR 427.95 million compared to MUR 36.8 million a year ago. Net loss was MUR 2.95 million compared to net income of MUR 16.42 million a year ago. Basic loss per share from continuing operations was MUR 1.54 compared to basic earnings per share from continuing operations of MUR 3.42 a year ago.
For the nine months, sales was MUR 1,958.79 million compared to MUR 172.39 million a year ago. Net income was MUR 71.71 million compared to MUR 61.48 million a year ago. Basic earnings per share from continuing operations was MUR 36.52 compared to MUR 17.75 a year ago.