E-L Financial Corporation Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was CAD 186.98 million compared to net loss of CAD 511.06 million a year ago. Basic earnings per share from continuing operations was CAD 52.07 compared to basic loss per share from continuing operations of CAD 142.5 a year ago. Diluted earnings per share from continuing operations was CAD 48.31 compared to diluted loss per share from continuing operations of CAD 142.5 a year ago.
For the six months, net income was CAD 493.85 million compared to net loss of CAD 739.99 million a year ago. Basic earnings per share from continuing operations was CAD 139.08 compared to basic loss per share from continuing operations of CAD 206.24 a year ago. Diluted earnings per share from continuing operations was CAD 128.34 compared to diluted loss per share from continuing operations of CAD 206.24 a year ago.