Acadian Timber Corp. reported earnings results for the second quarter and six months ended June 25, 2022. For the second quarter, the company reported sales was CAD 16.49 million compared to CAD 19.4 million a year ago. Net income was CAD 4.52 million compared to CAD 5.98 million a year ago. Basic earnings per share from continuing operations was CAD 0.27 compared to CAD 0.36 a year ago.
For the six months, sales was CAD 43.12 million compared to CAD 45.3 million a year ago. Net income was CAD 8.67 million compared to CAD 11.8 million a year ago. Basic earnings per share from continuing operations was CAD 0.52 compared to CAD 0.71 a year ago.