Timbercreek Financial Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 1.39 million compared to CAD 0.086 million a year ago. Net income was CAD 16.46 million compared to CAD 13.52 million a year ago. Basic earnings per share from continuing operations was CAD 0.2 compared to CAD 0.16 a year ago. Diluted earnings per share from continuing operations was CAD 0.19 compared to CAD 0.16 a year ago.
For the nine months, sales was CAD 1.55 million compared to CAD 1.29 million a year ago. Net income was CAD 51.45 million compared to CAD 41.08 million a year ago. Basic earnings per share from continuing operations was CAD 0.62 compared to CAD 0.49 a year ago. Diluted earnings per share from continuing operations was CAD 0.6 compared to CAD 0.49 a year ago.