Sociedad Matriz SAAM 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 USD 117.97 million compared to USD 105.26 million a year ago. Net loss was USD 10.95 million compared to net income of USD 18.83 million a year ago. Basic loss per share was USD 0.0011 compared to basic earnings per share of USD 0.0019 a year ago. Diluted loss per share was USD 0.0011 compared to diluted earnings per share of USD 0.0019 a year ago.
For the nine months, sales was USD 337.46 million compared to USD 299.71 million a year ago. Net income was USD 32.52 million compared to USD 55.45 million a year ago. Basic earnings per share was USD 0.0033 compared to USD 0.0057 a year ago. Diluted earnings per share was USD 0.0033 compared to USD 0.0057 a year ago.