Lanesborough Real Estate Investment Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 3.22 million compared to CAD 4.34 million a year ago. Net loss was CAD 1.1 million compared to CAD 2.83 million a year ago. Basic loss per share from continuing operations was CAD 0.001 compared to CAD 0.003 a year ago. Basic loss per share was CAD 0.002 compared to CAD 0.004 a year ago.
For the six months, sales was CAD 6.7 million compared to CAD 9.02 million a year ago. Net income was CAD 0.053769 million compared to CAD 13.39 million a year ago. Basic earnings per share from continuing operations was CAD 0.002 compared to CAD 0.03 a year ago.