Rubellite Energy Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CAD 18.24 million compared to CAD 17.22 million a year ago. Net income was CAD 3.94 million compared to CAD 10.43 million a year ago. Basic earnings per share from continuing operations was CAD 0.06 compared to CAD 0.19 a year ago. Diluted earnings per share from continuing operations was CAD 0.06 compared to CAD 0.19 a year ago.
For the nine months, revenue was CAD 51.72 million compared to CAD 24.38 million a year ago. Net income was CAD 9.04 million compared to CAD 5.88 million a year ago. Basic earnings per share from continuing operations was CAD 0.15 compared to CAD 0.11 a year ago. Diluted earnings per share from continuing operations was CAD 0.15 compared to CAD 0.11 a year ago.