Quantafuel ASA reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NOK 6.43 million compared to NOK 0.479 million a year ago. Net loss was NOK 69.81 million compared to NOK 9.04 million a year ago. Basic loss per share from continuing operations was NOK 0.4 compared to NOK 0.1 a year ago. Diluted loss per share from continuing operations was NOK 0.4.
For the six months, sales was NOK 16.68 million compared to NOK 2.25 million a year ago. Net loss was NOK 140.53 million compared to net income of NOK 104.17 million a year ago. Basic loss per share from continuing operations was NOK 0.9 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 0.9 compared to diluted earnings per share from continuing operations of NOK 0.8 a year ago.