ADF Group Inc. reported earnings results for the third quarter and nine months ended October 31, 2022. For the third quarter, the company reported sales was CAD 65 million compared to CAD 110.19 million a year ago. Net income was CAD 2.91 million compared to CAD 2.79 million a year ago. Basic earnings per share from continuing operations was CAD 0.09 compared to CAD 0.09 a year ago.
For the nine months, sales was CAD 199.39 million compared to CAD 233.75 million a year ago. Net income was CAD 12.59 million compared to CAD 8.68 million a year ago. Basic earnings per share from continuing operations was CAD 0.39 compared to CAD 0.27 a year ago.