Crew Energy Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 69.74 million compared to CAD 182.98 million a year ago. Net income was CAD 33.73 million compared to CAD 88.7 million a year ago. Basic earnings per share from continuing operations was CAD 0.22 compared to CAD 0.58 a year ago. Diluted earnings per share from continuing operations was CAD 0.21 compared to CAD 0.55 a year ago.
For the six months, revenue was CAD 182.56 million compared to CAD 236.67 million a year ago. Net income was CAD 75.08 million compared to CAD 87.32 million a year ago. Basic earnings per share from continuing operations was CAD 0.49 compared to CAD 0.57 a year ago. Diluted earnings per share from continuing operations was CAD 0.46 compared to CAD 0.54 a year ago.