North Energy ASA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NOK 0.036 million compared to NOK 0.032 million a year ago. Net loss was NOK 1.27 million compared to net income of NOK 0.878 million a year ago. Basic loss per share from continuing operations was NOK 0.01 compared to basic earnings per share from continuing operations of NOK 0.01 a year ago. Diluted loss per share from continuing operations was NOK 0.01 compared to diluted earnings per share from continuing operations of NOK 0.01 a year ago.
For the nine months, sales was NOK 0.036 million compared to NOK 0.113 million a year ago. Net income was NOK 45.64 million compared to NOK 11.23 million a year ago. Basic earnings per share from continuing operations was NOK 0.39 compared to NOK 0.09 a year ago. Diluted earnings per share from continuing operations was NOK 0.39 compared to NOK 0.09 a year ago.