Midwest Gold Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 0.405 million compared to INR 0.613 million a year ago. Revenue was INR 0.627 million compared to INR 0.771 million a year ago. Net loss was INR 5.55 million compared to INR 7.29 million a year ago. Basic loss per share from continuing operations was INR 1.7 compared to INR 2.23 a year ago. Diluted loss per share from continuing operations was INR 1.7 compared to INR 2.23 a year ago.
For the full year, sales was INR 1.24 million compared to INR 3.71 million a year ago. Net loss was INR 16.19 million compared to INR 14.45 million a year ago. Basic loss per share from continuing operations was INR 4.95 compared to INR 4.23 a year ago. Diluted loss per share from continuing operations was INR 4.95 compared to INR 4.23 a year ago.