Summit Industrial Income REIT reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 62.26 million compared to CAD 54.72 million a year ago. Revenue was CAD 1.51 million compared to CAD 0.503 million a year ago. Net income was CAD 83.05 million compared to CAD 618.31 million a year ago. Basic earnings per share from continuing operations was CAD 0.438 compared to CAD 3.677 a year ago. Diluted earnings per share from continuing operations was CAD 0.437 compared to CAD 3.672 a year ago.
For the six months, sales was CAD 121.38 million compared to CAD 107.42 million a year ago. Revenue was CAD 2.33 million compared to CAD 0.988 million a year ago. Net income was CAD 324.97 million compared to CAD 750.73 million a year ago. Basic earnings per share from continuing operations was CAD 1.769 compared to CAD 4.469 a year ago. Diluted earnings per share from continuing operations was CAD 1.766 compared to CAD 4.463 a year ago.