United Corporations Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported negative revenue was CAD 22.73 million compared to revenue of CAD 44.63 million a year ago. Net loss was CAD 23.12 million compared to net income of CAD 35.36 million a year ago. Basic loss per share from continuing operations was CAD 1.96 compared to basic earnings per share from continuing operations of CAD 2.92 a year ago.
For the six months, negative revenue was CAD 295.01 million compared to revenue of CAD 160.82 million a year ago. Net loss was CAD 263.5 million compared to net income of CAD 130.8 million a year ago. Basic loss per share from continuing operations was CAD 21.88 compared to basic earnings per share from continuing operations of CAD 10.8 a year ago.