Abcourt Mines Inc. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was CAD 6.23 million compared to CAD 5.25 million a year ago. Net income was CAD 2.09 million compared to net loss of CAD 1.34 million a year ago.
For the nine months, sales was CAD 13.04 million compared to CAD 19.5 million a year ago. Net income was CAD 1.26 million compared to net loss of CAD 3.43 million a year ago. Basic earnings per share from continuing operations was CAD 0.004 compared to basic loss per share from continuing operations of CAD 0.011 a year ago. Diluted earnings per share from continuing operations was CAD 0.004 compared to diluted loss per share from continuing operations of CAD 0.011 a year ago.