SUNSHINE OIL (02012) announced a net loss of approximately 33.623 million Canadian dollars for the first 9 months, representing a 56.28% increase compared to the same period last year.

SUNSHINE OIL (02012) announced its performance for the first 9 months of 2024. Total income and other income amounted to 16.875 million Canadian dollars, a decrease of 36.37% year-on-year. The net loss attributable to equity holders of the Group was approximately 33.623 million Canadian dollars, an increase of 56.28% year-on-year. The basic and diluted loss per share was 0.14 Canadian dollars. Among them, oil sales (excluding royalties) increased to 26.3 million Canadian dollars, mainly due to an increase in sales volume and a rise in the selling price of diluted bitumen, offset in part by an increase in royalties.