TransAlta Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 458 million compared to CAD 619 million a year ago. Net loss was CAD 70 million compared to CAD 2 million a year ago. Basic loss per share from continuing operations was CAD 0.3 compared to CAD 0.04 a year ago.
For the six months, sales was CAD 1,193 million compared to CAD 1,261 million a year ago. Net income was CAD 116 million compared to net loss of CAD 32 million a year ago. Basic earnings per share from continuing operations was CAD 0.39 compared to basic loss per share from continuing operations of CAD 0.16 a year ago.