Vale S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was BRL 52,080 million compared to BRL 64,418 million a year ago. Net income was BRL 23,286 million compared to BRL 20,203 million a year ago. Basic earnings per share from continuing operations was BRL 5.12 compared to BRL 3.98 a year ago. Diluted earnings per share from continuing operations was BRL 5.12 compared to BRL 3.98 a year ago.
For the nine months, sales was BRL 163,773 million compared to BRL 220,202 million a year ago. Net income was BRL 76,365 million compared to BRL 90,862 million a year ago. Basic earnings per share from continuing operations was BRL 16.34 compared to BRL 17.94 a year ago. Diluted earnings per share from continuing operations was BRL 16.34 compared to BRL 17.94 a year ago.