American Biofuels Inc. reported earnings results for the second quarter and six months ended October 31, 2023. For the second quarter, the company reported net loss was CAD 0.093914 million compared to CAD 0.097446 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago.
For the six months, net loss was CAD 0.173553 million compared to CAD 0.170336 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.02 a year ago.