Atlantic Navigation Holdings (Singapore) Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 16.55 million compared to USD 11.53 million a year ago. Net income was USD 2.56 million compared to net loss of USD 1.28 million a year ago. Basic earnings per share from continuing operations was USD 0.0049 compared to basic loss per share from continuing operations of USD 0.0025 a year ago. Diluted earnings per share from continuing operations was USD 0.0049 compared to diluted loss per share from continuing operations of USD 0.0025 a year ago.
For the nine months, sales was USD 45.99 million compared to USD 30.38 million a year ago. Net income was USD 6.9 million compared to net loss of USD 14.07 million a year ago. Basic earnings per share from continuing operations was USD 0.0132 compared to basic loss per share from continuing operations of USD 0.0269 a year ago. Diluted earnings per share from continuing operations was USD 0.0132 compared to diluted loss per share from continuing operations of USD 0.0269 a year ago.