TriSummit Utilities Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 128.6 million compared to CAD 63.4 million a year ago. Net loss was CAD 2.9 million compared to net income of CAD 7.2 million a year ago. Basic loss per share from continuing operations was CAD 0.1 compared to basic earnings per share from continuing operations of CAD 0.24 a year ago.
For the nine months, sales was CAD 546.3 million compared to CAD 311.5 million a year ago. Net income was CAD 30.6 million compared to CAD 34.6 million a year ago. Basic earnings per share from continuing operations was CAD 1.02 compared to CAD 1.15 a year ago.