TriSummit Utilities Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 179.4 million compared to CAD 84.8 million a year ago. Net income was CAD 3.4 million compared to net loss of CAD 1.4 million a year ago. Basic earnings per share from continuing operations was CAD 0.11 compared to basic loss per share from continuing operations of CAD 0.05 a year ago.
For the six months, sales was CAD 417.7 million compared to CAD 248.1 million a year ago. Net income was CAD 33.5 million compared to CAD 27.3 million a year ago. Basic earnings per share from continuing operations was CAD 1.12 compared to CAD 0.91 a year ago.