Secure Energy Services Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 2,078 million compared to CAD 512 million a year ago. Net income was CAD 54 million compared to net loss of CAD 13 million a year ago. Basic earnings per share from continuing operations was CAD 0.17 compared to basic loss per share from continuing operations of CAD 0.08 a year ago. Diluted earnings per share from continuing operations was CAD 0.17 compared to diluted loss per share from continuing operations of CAD 0.08 a year ago.
For the six months, sales was CAD 3,828 million compared to CAD 1,173 million a year ago. Net income was CAD 92 million compared to net loss of CAD 13 million a year ago. Basic earnings per share from continuing operations was CAD 0.3 compared to basic loss per share from continuing operations of CAD 0.08 a year ago. Diluted earnings per share from continuing operations was CAD 0.29 compared to diluted loss per share from continuing operations of CAD 0.08 a year ago.