Olive Resource Capital Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 0.372937 million compared to negative revenue of CAD 2.86 million a year ago. Net income was CAD 0.146626 million compared to net loss of CAD 3.02 million a year ago.
For the six months, revenue was CAD 1.39 million compared to negative revenue of CAD 2.75 million a year ago. Net income was CAD 0.97237 million compared to net loss of CAD 3.06 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to basic loss per share from continuing operations of CAD 0.04 a year ago.