Kiwetinohk Energy Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 153.28 million compared to CAD 44.3 million a year ago. Net income was CAD 55.38 million compared to net loss of CAD 34.08 million a year ago. Basic earnings per share from continuing operations was CAD 1.26 compared to basic loss per share from continuing operations of CAD 0.99 a year ago. Diluted earnings per share from continuing operations was CAD 1.24 compared to diluted loss per share from continuing operations of CAD 0.99 a year ago.
For the nine months, revenue was CAD 413.88 million compared to CAD 92.39 million a year ago. Net income was CAD 75.68 million compared to net loss of CAD 66.62 million a year ago. Basic earnings per share from continuing operations was CAD 1.72 compared to basic loss per share from continuing operations of CAD 2.41 a year ago. Diluted earnings per share from continuing operations was CAD 1.7 compared to diluted loss per share from continuing operations of CAD 2.41 a year ago.