Odfjell SE reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 351.4 million compared to USD 259.1 million a year ago. Net income was USD 50.2 million compared to net loss of USD 25.3 million a year ago. Basic earnings per share from continuing operations was USD 0.64 compared to basic loss per share from continuing operations of USD 0.32 a year ago.
For the nine months, sales was USD 991.7 million compared to USD 755.5 million a year ago. Net income was USD 91.2 million compared to net loss of USD 48.6 million a year ago. Basic earnings per share from continuing operations was USD 1.16 compared to basic loss per share from continuing operations of USD 0.62 a year ago.