Kits Eyecare Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 31.15 million compared to CAD 23.58 million a year ago. Net income was CAD 0.48 million compared to CAD 0.02 million a year ago. Basic earnings per share from continuing operations was CAD 0.02. Diluted earnings per share from continuing operations was CAD 0.01.
For the nine months, sales was CAD 88.85 million compared to CAD 65.4 million a year ago. Net loss was CAD 1.72 million compared to CAD 3.17 million a year ago. Basic loss per share from continuing operations was CAD 0.05 compared to CAD 0.1 a year ago. Diluted loss per share from continuing operations was CAD 0.05 compared to CAD 0.1 a year ago.