Zentek Ltd. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was CAD 0.012418 million compared to CAD 0.0152 million a year ago. Revenue was CAD 0.012418 million compared to CAD 0.0152 million a year ago. Net loss was CAD 2.69 million compared to CAD 3.24 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.03 a year ago.
For the nine months, sales was CAD 0.024059 million compared to CAD 0.048305 million a year ago. Revenue was CAD 0.024059 million compared to CAD 0.063305 million a year ago. Net loss was CAD 9.25 million compared to CAD 11.68 million a year ago. Basic loss per share from continuing operations was CAD 0.09 compared to CAD 0.12 a year ago.