Modern Plant Based Foods Inc. reported earnings results for the third quarter and nine months ended May 31, 2023. For the third quarter, the company reported sales was CAD 0.144941 million compared to CAD 0.351087 million a year ago. Net loss was CAD 0.17036 million compared to CAD 0.107289 million a year ago.
For the nine months, sales was CAD 0.647421 million compared to CAD 1.51 million a year ago. Net loss was CAD 3.52 million compared to CAD 3.37 million a year ago. Basic loss per share from continuing operations was CAD 0.06 compared to CAD 0.09 a year ago.