Oceanic Iron Ore Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was CAD 0.900783 million compared to net loss of CAD 0.580904 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to basic loss per share from continuing operations of CAD 0.01 a year ago. Diluted earnings per share from continuing operations was CAD 0.01 compared to diluted loss per share from continuing operations of CAD 0.01 a year ago.
For the nine months, net income was CAD 0.401968 million compared to net loss of CAD 1.08 million a year ago. Diluted earnings per share from continuing operations was CAD 0.01 compared to diluted loss per share from continuing operations of CAD 0.01 a year ago.