Alcanna Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 07:59 pm EDT
Alcanna Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was CAD 188.967 million compared to CAD 183.469 million a year ago. Operating loss was CAD 823,000 compared to operating Income of CAD 8.244 million a year ago. Net loss was CAD 305,000 compared to net income of CAD 35.069 million a year ago. Basic loss per share was CAD 0.01 compared to basic earnings per share of CAD 0.88 a year ago. Diluted loss per share was CAD 0.01 compared to diluted earnings per share of CAD 0.77 a year ago. Basic loss per share from continuing operations was CAD 0.08 compared to basic earnings per share from continuing operations of CAD 0.18 a year ago. Diluted loss per share from continuing operations was CAD 0.08 compared to diluted earnings per share from continuing operations of CAD 0.16 a year ago. For the half year, sales was CAD 331.177 million compared to CAD 321.738 million a year ago. Operating loss was CAD 4.758 million compared to operating Income of CAD 4.987 million a year ago. Net income was CAD 47.283 million compared to CAD 26.083 million a year ago. Basic earnings per share was CAD 1.21 compared to CAD 0.66 a year ago. Basic loss per share from continuing operations was CAD 0.32 compared to CAD 0.02 a year ago.