Panoro Energy ASA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 107.31 million compared to USD 96.08 million a year ago. Net income was USD 27.9 million compared to USD 35.36 million a year ago. Basic earnings per share from continuing operations was USD 0.24 compared to USD 0.31 a year ago. Basic earnings per share was USD 0.24 compared to USD 0.31 a year ago.
For the nine months, sales was USD 173.65 million compared to USD 117.77 million a year ago. Net income was USD 28.84 million compared to USD 13.85 million a year ago. Basic earnings per share from continuing operations was USD 0.25 compared to USD 0.11 a year ago. Basic earnings per share was USD 0.25 compared to USD 0.12 a year ago.