Sunshine Oilsands Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported negative revenue was CAD 2.29 million compared to CAD 7.91 million a year ago. Net income was CAD 46.17 million compared to net loss of CAD 22.79 million a year ago. Basic earnings per share from continuing operations was CAD 0.19 compared to basic loss per share from continuing operations of CAD 0.12 a year ago.
For the six months, revenue was CAD 14.59 million compared to CAD 6.57 million a year ago. Net income was CAD 102.48 million compared to net loss of CAD 25.42 million a year ago. Basic earnings per share from continuing operations was CAD 0.42 compared to basic loss per share from continuing operations of CAD 0.14 a year ago.