PT Vale Indonesia Tbk reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 309.24 million compared to USD 329.45 million a year ago. Net income was USD 17.93 million compared to USD 82.81 million a year ago. Basic earnings per share from continuing operations was USD 0.002 compared to USD 0.008 a year ago. Diluted earnings per share from continuing operations was USD 0.0018 compared to USD 0.0083 a year ago.
For the nine months, sales was USD 873.78 million compared to USD 686.43 million a year ago. Net income was USD 168.39 million compared to USD 122.94 million a year ago. Basic earnings per share from continuing operations was USD 0.017 compared to USD 0.012 a year ago. Diluted earnings per share from continuing operations was USD 0.0169 compared to USD 0.0124 a year ago.