Barnwell industries, inc. reports year-end and fourth quarter results and entry into a permian basin oil investment

Honolulu, dec. 29, 2022 (globe newswire) -- barnwell industries, inc. (nyse american: brn) today reported net earnings of $5,513,000, $0.57 per share, for the year ended september 30, 2022, as compared to net earnings of $6,253,000, $0.73 per share, for the year ended september 30, 2021. for the quarter ended september 30, 2022, barnwell reported a net loss of $143,000, $0.01 per share, as compared to net earnings of $1,547,000, $0.16 per share, for the quarter ended september 30, 2021.
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