Swiss Water Decaffeinated Coffee Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 43.37 million compared to CAD 48.37 million a year ago. Net loss was CAD 0.371 million compared to net income of CAD 1.46 million a year ago. Basic loss per share from continuing operations was CAD 0.04 compared to basic earnings per share from continuing operations of CAD 0.16 a year ago. Diluted loss per share from continuing operations was CAD 0.06 compared to diluted earnings per share from continuing operations of CAD 0.16 a year ago.
For the six months, sales was CAD 92.41 million compared to CAD 86.78 million a year ago. Net loss was CAD 1.07 million compared to net income of CAD 2.85 million a year ago. Basic loss per share from continuing operations was CAD 0.12 compared to basic earnings per share from continuing operations of CAD 0.31 a year ago. Diluted loss per share from continuing operations was CAD 0.12 compared to diluted earnings per share from continuing operations of CAD 0.31 a year ago.