Oil Refineries Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 27, 2023 at 01:19 am EST
Oil Refineries Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 2,218.22 million compared to USD 3,037.79 million a year ago. Net income was USD 114.8 million compared to USD 276.97 million a year ago. Basic earnings per share from continuing operations was USD 0.036 compared to USD 0.086 a year ago.
For the nine months, sales was USD 6,258.78 million compared to USD 8,357.85 million a year ago. Net income was USD 378.29 million compared to USD 319.14 million a year ago. Basic earnings per share from continuing operations was USD 0.118 compared to USD 0.1 a year ago.