Global Food and Ingredients Ltd. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was CAD 39.57 million compared to CAD 23.99 million a year ago. Net loss was CAD 0.316382 million compared to CAD 2.6 million a year ago.
For the nine months, sales was CAD 93.97 million compared to CAD 89.6 million a year ago. Net loss was CAD 7.47 million compared to CAD 2.04 million a year ago. Basic loss per share from continuing operations was CAD 0.12 compared to CAD 0.23 a year ago. Diluted loss per share from continuing operations was CAD 0.12 compared to CAD 0.23 a year ago.