CoTec Holdings Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was CAD 3.25 million compared to net loss of CAD 0.113 million a year ago. Basic earnings per share from continuing operations was CAD 0.06. Diluted earnings per share from continuing operations was CAD 0.06.
For the nine months, net income was CAD 13.1 million compared to CAD 1.77 million a year ago. Basic earnings per share from continuing operations was CAD 0.25 compared to CAD 0.06 a year ago. Diluted earnings per share from continuing operations was CAD 0.25 compared to CAD 0.06 a year ago.