TerraVest Industries Inc. reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was CAD 176.86 million compared to CAD 137.76 million a year ago. Net income was CAD 8.89 million compared to CAD 8.43 million a year ago. Basic earnings per share from continuing operations was CAD 0.5 compared to CAD 0.47 a year ago. Diluted earnings per share from continuing operations was CAD 0.49 compared to CAD 0.46 a year ago.
For the six months, sales was CAD 354.06 million compared to CAD 269.13 million a year ago. Net income was CAD 20.8 million compared to CAD 19.11 million a year ago. Basic earnings per share from continuing operations was CAD 1.17 compared to CAD 1.07 a year ago. Diluted earnings per share from continuing operations was CAD 1.15 compared to CAD 1.06 a year ago.