TGS ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
October 24, 2024 at 04:57 am EDT
TGS ASA reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 451.1 million compared to USD 225.4 million a year ago. Sales was USD 451.1 million compared to USD 225.45 million a year ago. Net income was USD 37.49 million compared to USD 16.8 million a year ago. Net income was USD 37.49 million compared to USD 16.78 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to USD 0.13 a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to USD 0.13 a year ago.
For the nine months, sales was USD 827.52 million compared to USD 604.93 million a year ago. Sales was USD 827.52 million compared to USD 604.9 million a year ago. Net income was USD 56.22 million compared to USD 30.71 million a year ago. Net income was USD 56.22 million compared to USD 30.7 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.25 a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 0.33 compared to USD 0.25 a year ago. Diluted earnings per share from continuing operations was USD 0.33 compared to USD 0.24 a year ago.