Arch Biopartners Inc. reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported net loss was CAD 0.247394 million compared to net income of CAD 0.881969 million a year ago. Basic loss per share from continuing operations was CAD 0.004 compared to basic earnings per share from continuing operations of CAD 0.014 a year ago.
For the nine months, net loss was CAD 0.909852 million compared to CAD 1.82 million a year ago. Basic loss per share from continuing operations was CAD 0.015 compared to CAD 0.03 a year ago.