Petro Rio S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was BRL 1,985.79 million compared to BRL 939.52 million a year ago. Net income was BRL 792.31 million compared to BRL 97.1 million a year ago. Basic earnings per share was BRL 0.938 compared to BRL 0.113 a year ago. Diluted earnings per share was BRL 0.927 compared to BRL 0.107 a year ago.
For the nine months, sales was BRL 5,389.77 million compared to BRL 2,617.69 million a year ago. Net income was BRL 2,500.36 million compared to BRL 452.21 million a year ago. Basic earnings per share was BRL 2.963 compared to BRL 0.551 a year ago. Diluted earnings per share was BRL 2.937 compared to BRL 0.545 a year ago.