Ag Growth International Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 389.94 million compared to CAD 301.59 million a year ago. Net loss was CAD 4.92 million compared to net income of CAD 14.28 million a year ago. Basic loss per share from continuing operations was CAD 0.26 compared to basic earnings per share from continuing operations of CAD 0.76 a year ago. Diluted loss per share from continuing operations was CAD 0.26 compared to diluted earnings per share from continuing operations of CAD 0.74 a year ago.
For the six months, sales was CAD 681.97 million compared to CAD 557.57 million a year ago. Net income was CAD 10.26 million compared to CAD 26.98 million a year ago. Basic earnings per share from continuing operations was CAD 0.54 compared to CAD 1.44 a year ago. Diluted earnings per share from continuing operations was CAD 0.53 compared to CAD 1.4 a year ago.