Bonterra Energy Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 67.04 million compared to CAD 97.86 million a year ago. Net income was CAD 8.84 million compared to CAD 33.54 million a year ago. Basic earnings per share from continuing operations was CAD 0.24 compared to CAD 0.93 a year ago. Diluted earnings per share from continuing operations was CAD 0.24 compared to CAD 0.88 a year ago.
For the six months, revenue was CAD 133.3 million compared to CAD 164.23 million a year ago. Net income was CAD 16.48 million compared to CAD 44.06 million a year ago. Basic earnings per share from continuing operations was CAD 0.44 compared to CAD 1.24 a year ago. Diluted earnings per share from continuing operations was CAD 0.44 compared to CAD 1.17 a year ago.