PetroNor E&P 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 18.69 million compared to USD 15.33 million a year ago. Net loss was USD 2.15 million compared to net income of USD 0.305 million a year ago. Basic loss per share from continuing operations was USD 0.0151 compared to basic earnings per share from continuing operations of USD 0.022 a year ago. Diluted loss per share from continuing operations was USD 0.0151 compared to diluted earnings per share from continuing operations of USD 0.022 a year ago.
For the nine months, sales was USD 112.61 million compared to USD 52.15 million a year ago. Net income was USD 22.35 million compared to net loss of USD 9.04 million a year ago. Basic earnings per share from continuing operations was USD 0.157. Diluted earnings per share from continuing operations was USD 0.157.