Atlas Engineered Products Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 11.22 million compared to CAD 16.84 million a year ago. Net income was CAD 0.786236 million compared to CAD 2.04 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to CAD 0.03 a year ago. Diluted earnings per share from continuing operations was CAD 0.01 compared to CAD 0.03 a year ago.
For the six months, sales was CAD 20.85 million compared to CAD 29.27 million a year ago. Net income was CAD 1.33 million compared to CAD 3.61 million a year ago. Basic earnings per share from continuing operations was CAD 0.02 compared to CAD 0.06 a year ago. Diluted earnings per share from continuing operations was CAD 0.02 compared to CAD 0.06 a year ago.