Karora Resources Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 81.33 million compared to CAD 68.36 million a year ago. Net income was CAD 4.38 million compared to CAD 10.34 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to CAD 0.07 a year ago. Diluted earnings per share from continuing operations was CAD 0.03 compared to CAD 0.07 a year ago.
For the nine months, sales was CAD 220.21 million compared to CAD 197.21 million a year ago. Net income was CAD 0.341 million compared to CAD 21.36 million a year ago.