Canlan Ice Sports Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 15.56 million compared to CAD 12.63 million a year ago. Net income was CAD 0.364 million compared to CAD 1.05 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to CAD 0.08 a year ago.
For the nine months, sales was CAD 51.59 million compared to CAD 21.29 million a year ago. Net income was CAD 2.24 million compared to net loss of CAD 3.69 million a year ago. Basic earnings per share from continuing operations was CAD 0.17 compared to basic loss per share from continuing operations of CAD 0.28 a year ago.