Tethys Petroleum Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 16.36 million compared to USD 2.52 million a year ago. Net income was USD 7.61 million compared to net loss of USD 0.108 million a year ago. Basic earnings per share from continuing operations was USD 0.07. Diluted earnings per share from continuing operations was USD 0.06.
For the nine months, sales was USD 46.85 million compared to USD 6.85 million a year ago. Net income was USD 21.52 million compared to net loss of USD 0.965 million a year ago. Basic earnings per share from continuing operations was USD 0.2 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.