Acadian Timber Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 26.59 million compared to CAD 23.59 million a year ago. Net income was CAD 6.41 million compared to CAD 4.83 million a year ago. Basic earnings per share from continuing operations was CAD 0.37 compared to CAD 0.29 a year ago.
For the nine months, sales was CAD 69.66 million compared to CAD 66.72 million a year ago. Net income was CAD 17.84 million compared to CAD 13.51 million a year ago. Basic earnings per share from continuing operations was CAD 1.05 compared to CAD 0.81 a year ago.