TerraVest Industries Inc. reported earnings results for the first quarter ended December 31, 2022. For the first quarter, the company reported revenue was CAD 177.2 million compared to CAD 131.36 million a year ago. Net income was CAD 11.91 million compared to CAD 10.67 million a year ago.

Basic earnings per share from continuing operations was CAD 0.67 compared to CAD 0.6 a year ago. Diluted earnings per share from continuing operations was CAD 0.66 compared to CAD 0.59 a year ago.