Omnicane Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 16, 2022 at 08:28 am EST
Omnicane Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MUR 2,339.87 million compared to MUR 1,451.2 million a year ago. Net income was MUR 236.35 million compared to net loss of MUR 43.94 million a year ago. Basic earnings per share from continuing operations was MUR 3.53 compared to basic loss per share from continuing operations of MUR 0.66 a year ago. Basic earnings per share was MUR 3.53 compared to basic loss per share of MUR 0.66 a year ago.
For the nine months, sales was MUR 6,046.04 million compared to MUR 3,694.38 million a year ago. Net income was MUR 150.29 million compared to net loss of MUR 571.24 million a year ago. Basic earnings per share from continuing operations was MUR 2.24 compared to basic loss per share from continuing operations of MUR 6.43 a year ago. Basic earnings per share was MUR 2.24 compared to basic loss per share of MUR 8.52 a year ago.