Hanwei Energy Services Corp. reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported net income was CAD 13.42 million compared to CAD 0.175 million a year ago. Basic earnings per share from continuing operations was CAD 0.7. Diluted earnings per share from continuing operations was CAD 0.7.
For the nine months, sales was CAD 2.55 million compared to CAD 4.56 million a year ago. Revenue was CAD 3.21 million compared to CAD 5.32 million a year ago. Net income was CAD 13.32 million compared to net loss of CAD 1.7 million a year ago. Basic earnings per share from continuing operations was CAD 0.7 compared to basic loss per share from continuing operations of CAD 0.1 a year ago. Diluted earnings per share from continuing operations was CAD 0.7 compared to diluted loss per share from continuing operations of CAD 0.1 a year ago.