Marine Products Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 100.06 million compared to USD 75.84 million a year ago. Net income was USD 11.47 million compared to USD 6.69 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 0.2 a year ago.
For the nine months, sales was USD 272.49 million compared to USD 221.48 million a year ago. Net income was USD 28.49 million compared to USD 20.58 million a year ago. Basic earnings per share from continuing operations was USD 0.83 compared to USD 0.61 a year ago. Diluted earnings per share from continuing operations was USD 0.83 compared to USD 0.61 a year ago.