Major Drilling Group International Inc. reported earnings results for the second quarter and six months ended October 31, 2023. For the second quarter, the company reported sales was CAD 206.95 million compared to CAD 201.72 million a year ago. Net income was CAD 23.69 million compared to CAD 23.61 million a year ago. Basic earnings per share from continuing operations was CAD 0.29 compared to CAD 0.29 a year ago. Diluted earnings per share from continuing operations was CAD 0.29 compared to CAD 0.28 a year ago.
For the six months, sales was CAD 405.84 million compared to CAD 401.55 million a year ago. Net income was CAD 45.47 million compared to CAD 47.86 million a year ago. Basic earnings per share from continuing operations was CAD 0.55 compared to CAD 0.58 a year ago. Diluted earnings per share from continuing operations was CAD 0.55 compared to CAD 0.58 a year ago.