Corsa Coal Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 51.06 million compared to USD 45.94 million a year ago. Net income was USD 19.44 million compared to net loss of USD 4.48 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to basic loss per share from continuing operations of USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.18 compared to diluted loss per share from continuing operations of USD 0.04 a year ago.
For the nine months, sales was USD 154.31 million compared to USD 127.04 million a year ago. Net income was USD 29.35 million compared to net loss of USD 11.43 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to basic loss per share from continuing operations of USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 0.28 compared to diluted loss per share from continuing operations of USD 0.11 a year ago.