Major Drilling Group International Inc. reported earnings results for the second quarter and six months ended October 31, 2022. For the second quarter, the company reported sales was CAD 201.72 million compared to CAD 170.69 million a year ago. Net income was CAD 23.61 million compared to CAD 14.29 million a year ago. Basic earnings per share from continuing operations was CAD 0.29 compared to CAD 0.17 a year ago. Diluted earnings per share from continuing operations was CAD 0.28 compared to CAD 0.17 a year ago.
For the six months, sales was CAD 401.55 million compared to CAD 321.69 million a year ago. Net income was CAD 47.86 million compared to CAD 25.35 million a year ago. Basic earnings per share from continuing operations was CAD 0.58 compared to CAD 0.31 a year ago. Diluted earnings per share from continuing operations was CAD 0.58 compared to CAD 0.31 a year ago.