Comet Industries Ltd. reported earnings results for the third quarter and nine months ended October 31, 2022. For the third quarter, the company reported sales was CAD 0.151712 million compared to CAD 0.120439 million a year ago. Net loss was CAD 0.042615 million compared to net income of CAD 0.017097 million a year ago. Basic loss per share from continuing operations was CAD 0.01.
For the nine months, sales was CAD 0.463731 million compared to CAD 0.288101 million a year ago. Net income was CAD 0.031439 million compared to CAD 0.013935 million a year ago. Basic earnings per share from continuing operations was CAD 0.01.