Titanium Transportation Group Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 97.11 million compared to CAD 93.15 million a year ago. Revenue was CAD 113.36 million compared to CAD 101.69 million a year ago. Net income was CAD 6.54 million compared to CAD 1.35 million a year ago. Basic earnings per share from continuing operations was CAD 0.15 compared to CAD 0.03 a year ago. Diluted earnings per share from continuing operations was CAD 0.14 compared to CAD 0.03 a year ago.
For the nine months, sales was CAD 334.98 million compared to CAD 265.18 million a year ago. Revenue was CAD 385.53 million compared to CAD 288.16 million a year ago. Net income was CAD 20.08 million compared to CAD 3.46 million a year ago. Basic earnings per share from continuing operations was CAD 0.46 compared to CAD 0.09 a year ago. Diluted earnings per share from continuing operations was CAD 0.45 compared to CAD 0.08 a year ago.