Sociedad Punta del Cobre S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 69.23 million compared to USD 83.7 million a year ago. Net income was USD 4.78 million compared to USD 16.4 million a year ago. Basic earnings per share from continuing operations was USD 0.03835 compared to USD 0.13155 a year ago.
For the nine months, sales was USD 221.77 million compared to USD 257.48 million a year ago. Net income was USD 18.1 million compared to USD 53.67 million a year ago. Basic earnings per share from continuing operations was USD 0.14522 compared to USD 0.43052 a year ago. Diluted earnings per share from continuing operations was USD 0.14522 compared to USD 0.43052 a year ago.