The Union Sugar Estates Co. Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MUR 37.89 million compared to MUR 41.01 million a year ago. Net loss was MUR 26.44 million compared to MUR 17.33 million a year ago. Basic loss per share from continuing operations was MUR 1.4 compared to MUR 0.9 a year ago. Basic loss per share was MUR 1.4 compared to MUR 0.92 a year ago.
For the nine months, sales was MUR 55.64 million compared to MUR 72.17 million a year ago. Net loss was MUR 19.35 million compared to net income of MUR 53.43 million a year ago. Basic loss per share from continuing operations was MUR 1.02 compared to basic earnings per share from continuing operations of MUR 2.95 a year ago. Basic loss per share was MUR 1.02 compared to basic earnings per share of MUR 2.83 a year ago.