Third quarter net income ran to $2.6m with earnings on a generally accepted accounting principals (GAAP) basis after various financial adjustments rising to $5.9m.

The result for the first nine months was a profit of $15.3m with GAAP earnings of $36.9m.

Third quarter income attributable to shareholders was $0.03 per share, or at a GAAP level $0.04 per share, while for the three quarters was $0.18