Magnus Energy Group Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SGD 4.76 million compared to SGD 3.25 million a year ago. Net loss was SGD 0.053 million compared to SGD 0.035 million a year ago.
For the nine months, sales was SGD 11.97 million compared to SGD 8.69 million a year ago. Net income was SGD 1.48 million compared to net loss of SGD 0.871 million a year ago. Basic earnings per share from continuing operations was SGD 0.0001 compared to basic loss per share from continuing operations of SGD 0.0001 a year ago. Diluted earnings per share from continuing operations was SGD 0.0001 compared to diluted loss per share from continuing operations of SGD 0.0001 a year ago.