United Corporations Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was CAD 166.49 million compared to CAD 86.93 million a year ago. Net income was CAD 141.69 million compared to CAD 72.45 million a year ago. Basic earnings per share from continuing operations was CAD 11.62 compared to CAD 5.98 a year ago.
For the nine months, negative revenue was CAD 128.52 million compared to revenue of CAD 247.74 million a year ago. Net loss was CAD 121.81 million compared to net income of CAD 203.25 million a year ago. Basic loss per share from continuing operations was CAD 10.26 compared to basic earnings per share from continuing operations of CAD 16.78 a year ago.