The Keg Royalties Income Fund reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CAD 8.15 million compared to CAD 8.24 million a year ago. Net income was CAD 16.45 million compared to CAD 4.54 million a year ago. Basic earnings per share from continuing operations was CAD 1.449 compared to CAD 0.4 a year ago. Diluted earnings per share from continuing operations was CAD 0.29 compared to CAD 0.3 a year ago.
For the nine months, revenue was CAD 24.84 million compared to CAD 23.09 million a year ago. Net income was CAD 23.95 million compared to CAD 6.41 million a year ago. Basic earnings per share from continuing operations was CAD 2.11 compared to CAD 0.564 a year ago. Diluted earnings per share from continuing operations was CAD 0.9 compared to CAD 0.564 a year ago.