Pason Systems Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 84.69 million compared to CAD 73.61 million a year ago. Net income was CAD 25.47 million compared to CAD 18.54 million a year ago. Basic earnings per share from continuing operations was CAD 0.32 compared to CAD 0.23 a year ago. Diluted earnings per share from continuing operations was CAD 0.32 compared to CAD 0.22 a year ago.
For the six months, sales was CAD 182.92 million compared to CAD 148.08 million a year ago. Net income was CAD 61.31 million compared to CAD 37.11 million a year ago. Basic earnings per share from continuing operations was CAD 0.76 compared to CAD 0.45 a year ago. Diluted earnings per share from continuing operations was CAD 0.76 compared to CAD 0.45 a year ago.