New Concept Energy, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.025 million compared to USD 0.025 million a year ago. Revenue was USD 0.063 million compared to USD 0.025 million a year ago. Net income was USD 0.027 million compared to net loss of USD 0.008 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.01 a year ago.
For the nine months, sales was USD 0.076 million compared to USD 0.076 million a year ago. Revenue was USD 0.155 million compared to USD 0.076 million a year ago. Net income was USD 0.17 million compared to USD 0.12 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.02 a year ago.