Champion Iron Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was CAD 387.57 million compared to CAD 300.62 million a year ago. Net income was CAD 65.28 million compared to CAD 19.53 million a year ago. Basic earnings per share from continuing operations was CAD 0.13 compared to CAD 0.04 a year ago. Diluted earnings per share from continuing operations was CAD 0.12 compared to CAD 0.04 a year ago.
For the six months, sales was CAD 684.73 million compared to CAD 579.94 million a year ago. Net income was CAD 81.94 million compared to CAD 61.08 million a year ago. Basic earnings per share from continuing operations was CAD 0.16 compared to CAD 0.12 a year ago. Diluted earnings per share from continuing operations was CAD 0.16 compared to CAD 0.12 a year ago.