Yangarra Resources Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 62.47 million compared to CAD 35.61 million a year ago. Net income was CAD 27.94 million compared to CAD 13.5 million a year ago. Basic earnings per share from continuing operations was CAD 0.32 compared to CAD 0.16 a year ago. Diluted earnings per share from continuing operations was CAD 0.3 compared to CAD 0.15 a year ago.
For the nine months, revenue was CAD 179.74 million compared to CAD 89.23 million a year ago. Net income was CAD 81.29 million compared to CAD 30.37 million a year ago. Basic earnings per share from continuing operations was CAD 0.93 compared to CAD 0.35 a year ago. Diluted earnings per share from continuing operations was CAD 0.88 compared to CAD 0.34 a year ago.