Cohen Development Gas & Oil Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was USD 6.37 million compared to USD 4.5 million a year ago. Basic earnings per share from continuing operations was USD 0.99 compared to USD 0.7 a year ago. Diluted earnings per share from continuing operations was USD 0.99.
For the nine months, net income was USD 17.8 million compared to USD 12.22 million a year ago. Basic earnings per share from continuing operations was USD 2.77 compared to USD 1.9 a year ago.