Frontline plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 377.09 million compared to USD 382.19 million a year ago. Revenue was USD 377.49 million compared to USD 384.13 million a year ago. Net income was USD 107.74 million compared to USD 156.24 million a year ago. Basic earnings per share from continuing operations was USD 0.48 compared to USD 0.7 a year ago.
For the nine months, sales was USD 1,387.18 million compared to USD 900.07 million a year ago. Revenue was USD 1,411.26 million compared to USD 907.66 million a year ago. Net income was USD 538.04 million compared to USD 236.48 million a year ago. Basic earnings per share from continuing operations was USD 2.42 compared to USD 1.12 a year ago.