Asian Energy Services Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 288.93 million compared to INR 699.8 million a year ago. Revenue was INR 296.34 million compared to INR 708.11 million a year ago. Net loss was INR 104.72 million compared to net income of INR 44.99 million a year ago. Basic loss per share from continuing operations was INR 2.78 compared to basic earnings per share from continuing operations of INR 1.18 a year ago. Diluted loss per share from continuing operations was INR 2.78 compared to diluted earnings per share from continuing operations of INR 1.18 a year ago.
For the nine months, sales was INR 812.62 million compared to INR 1,985.7 million a year ago. Revenue was INR 837.74 million compared to INR 2,008.72 million a year ago. Net loss was INR 378.1 million compared to net income of INR 298.47 million a year ago. Basic loss per share from continuing operations was INR 10.03 compared to basic earnings per share from continuing operations of INR 7.89 a year ago. Diluted loss per share from continuing operations was INR 10.03 compared to diluted earnings per share from continuing operations of INR 7.89 a year ago.