TerraVest Industries Inc. reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported revenue was CAD 228.09 million compared to CAD 177.2 million a year ago. Net income was CAD 17.38 million compared to CAD 11.91 million a year ago.

Basic earnings per share from continuing operations was CAD 0.96 compared to CAD 0.67 a year ago. Diluted earnings per share from continuing operations was CAD 0.94 compared to CAD 0.66 a year ago.