First Capital Real Estate Investment Trust reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 172.61 million compared to CAD 167.17 million a year ago. Net loss was CAD 42.1 million compared to net income of CAD 211.99 million a year ago. Basic loss per share from continuing operations was CAD 0.19 compared to basic earnings per share from continuing operations of CAD 0.97 a year ago. Diluted loss per share from continuing operations was CAD 0.19 compared to diluted earnings per share from continuing operations of CAD 0.96 a year ago.
For the six months, sales was CAD 345.08 million compared to CAD 339.08 million a year ago. Net income was CAD 2.35 million compared to CAD 249.98 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to CAD 1.14 a year ago. Diluted earnings per share from continuing operations was CAD 0.01 compared to CAD 1.13 a year ago.