Major Drilling Group International Inc. reported earnings results for the second quarter and six months ended October 31, 2025. For the second quarter, the company reported sales was CAD 244.14 million compared to CAD 189.26 million a year ago. Net income was CAD 13.95 million compared to CAD 18.17 million a year ago. Basic earnings per share from continuing operations was CAD 0.17 compared to CAD 0.22 a year ago. Diluted earnings per share from continuing operations was CAD 0.17 compared to CAD 0.22 a year ago.
For the six months, sales was CAD 470.76 million compared to CAD 379.3 million a year ago. Net income was CAD 24.02 million compared to CAD 34.04 million a year ago. Basic earnings per share from continuing operations was CAD 0.29 compared to CAD 0.42 a year ago. Diluted earnings per share from continuing operations was CAD 0.29 compared to CAD 0.42 a year ago.
Major Drilling Group International Inc. is a Canada-based provider of specialized drilling services primarily serving the mining industry. The Company provides a complete suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive/long hole drilling, surface drill and blast, a variety of mine services, and ongoing development of data-driven, high-tech drill side solutions. Its mineral drilling services include specialized drilling, conventional drilling, and underground drilling. It maintains field operations and offices in Canada, the United States, Mexico, South America, Asia, Africa, Australia, and Peru. The Company has two categories of customers: junior exploration companies and a diversified portfolio of senior/intermediate companies, for which it provides greenfield exploration drilling and/or drilling at operating mines.
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