HNRC REPORTS RECORD RESULTS FOR PERIOD ENDING DECEMBER 31, 2022
Houston Natural Resources Corp. (OTC: HNRC) reported strong financial performance for the year ending
- Total revenue increased by 12.6% to $20,516,899.
- Operating earnings grew by 25.5% to $9,821,899.
- Total assets increased by 24.9% to $92,741,566.
- Earnings per share reached $0.14.
- Net asset value of $1.35 per share.
- None.
Significant Growth Reported in Total Revenue (
Significant Increase in Operating Earnings (
Financial Results: Twelve Months
- Total revenue for twelve months was
vs$ 20,516,899 , an increase of 12.6 %$ 18,217,737 - Total earnings for twelve months were
vs$ 9,821,899 , an increase of 25.5 %$ 7,820,857 - Total assets for twelve months were
vs$ 92,741,566 , an increase of 24.9 %$ 74,251,027 - Earnings per share for twelve months was
per share.$ 0.14 - The company has a net asset value of
per share as of$ 1.35 December 31, 2022 .
"We are delighted that our growth is continuing with strong results reported for the year ending
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FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties.
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