Modern Plant Based Foods Inc. reported earnings results for the second quarter and six months ended February 28, 2023. For the second quarter, the company reported sales was CAD 0.221199 million compared to CAD 0.504314 million a year ago. Net loss was CAD 0.511054 million compared to CAD 1.15 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.03 a year ago.
For the six months, sales was CAD 0.50248 million compared to CAD 1.16 million a year ago. Net loss was CAD 3.35 million compared to CAD 3.26 million a year ago. Basic loss per share from continuing operations was CAD 0.06 compared to CAD 0.09 a year ago.