Phoenix Power Company SAOG reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was OMR 51.5 million compared to OMR 50.33 million a year ago. Net income was OMR 14.71 million compared to OMR 14.14 million a year ago. Basic earnings per share from continuing operations was OMR 0.01 compared to OMR 0.01 a year ago. Diluted earnings per share from continuing operations was OMR 0.01 compared to OMR 0.01 a year ago.
For the nine months, sales was OMR 123.27 million compared to OMR 122.4 million a year ago. Net income was OMR 24.25 million compared to OMR 21.38 million a year ago. Basic earnings per share from continuing operations was OMR 0.017 compared to OMR 0.015 a year ago. Diluted earnings per share from continuing operations was OMR 0.017 compared to OMR 0.015 a year ago.