GreenFirst Forest Products Inc. reported earnings results for the third quarter and nine months ended September 24, 2022. For the third quarter, the company reported sales was CAD 153.42 million compared to CAD 28.93 million a year ago. Net loss was CAD 23.26 million compared to CAD 13.12 million a year ago. Basic loss per share from continuing operations was CAD 0.13 compared to CAD 0.16 a year ago. Diluted loss per share from continuing operations was CAD 0.13 compared to CAD 0.16 a year ago.
For the nine months, sales was CAD 540.76 million compared to CAD 28.93 million a year ago. Net income was CAD 42.71 million compared to net loss of CAD 17.21 million a year ago. Basic earnings per share from continuing operations was CAD 0.24 compared to basic loss per share from continuing operations of CAD 0.4 a year ago. Diluted earnings per share from continuing operations was CAD 0.22 compared to diluted loss per share from continuing operations of CAD 0.4 a year ago.