Quantafuel ASA Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 07:00 pm EDT
Quantafuel ASA reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was NOK 10.25 million compared to NOK 1.77 million a year ago. Net loss was NOK 70.72 million compared to net income of NOK 116.46 million a year ago. Basic loss per share from continuing operations was NOK 0.5 compared to basic earnings per share from continuing operations of NOK 0.8 a year ago. Diluted loss per share from continuing operations was NOK 0.5 compared to diluted earnings per share from continuing operations of NOK 0.4 a year ago.