Titanium Transportation Group Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CAD 91.09 million compared to CAD 121.04 million a year ago. Revenue was CAD 106.32 million compared to CAD 135.99 million a year ago.

Net income was CAD 3.59 million compared to CAD 5.97 million a year ago. Basic earnings per share from continuing operations was CAD 0.08 compared to CAD 0.14 a year ago. Diluted earnings per share from continuing operations was CAD 0.08 compared to CAD 0.13 a year ago.