Madison Pacific Properties Inc. reported earnings results for the second quarter and six months ended February 28, 2023. For the second quarter, the company reported sales was CAD 10.46 million compared to CAD 9.58 million a year ago. Net income was CAD 16.01 million compared to CAD 10.65 million a year ago. Basic earnings per share from continuing operations was CAD 0.27 compared to CAD 0.18 a year ago.
For the six months, sales was CAD 20.1 million compared to CAD 18.56 million a year ago. Net income was CAD 22.44 million compared to CAD 19.4 million a year ago. Basic earnings per share from continuing operations was CAD 0.38 compared to CAD 0.33 a year ago.