Chams Plc reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NGN 1,057.01 million compared to NGN 822.08 million a year ago. Net loss was NGN 162.15 million compared to net income of NGN 59.18 million a year ago. Basic loss per share from continuing operations was NGN 0.0345 compared to basic earnings per share from continuing operations of NGN 0.0126 a year ago. Diluted loss per share from continuing operations was NGN 0.0345 compared to diluted earnings per share from continuing operations of NGN 0.0126 a year ago.
For the nine months, sales was NGN 3,171.92 million compared to NGN 2,452.07 million a year ago. Net loss was NGN 113.19 million compared to NGN 17.66 million a year ago. Basic loss per share from continuing operations was NGN 0.0241 compared to NGN 0.0038 a year ago. Diluted loss per share from continuing operations was NGN 0.0241 compared to NGN 0.0038 a year ago.