American Biofuels Inc. reported earnings results for the third quarter and nine months ended January 31, 2022. For the third quarter, the company reported net loss was CAD 0.073254 million compared to CAD 0.022394 million a year ago. Basic loss per share from continuing operations was CAD 0.01.
For the nine months, net loss was CAD 0.216919 million compared to CAD 0.084826 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.01 a year ago.