Economic Investment Trust Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative revenue was CAD 15.55 million compared to revenue of CAD 6.12 million a year ago. Net loss was CAD 14.43 million compared to net income of CAD 3.76 million a year ago. Basic loss per share from continuing operations was CAD 2.64 compared to basic earnings per share from continuing operations of CAD 0.65 a year ago.
For the nine months, revenue was CAD 39.31 million compared to negative revenue of CAD 111.1 million a year ago. Net income was CAD 31.64 million compared to net loss of CAD 98.62 million a year ago. Basic earnings per share from continuing operations was CAD 5.79 compared to basic loss per share from continuing operations of CAD 17.69 a year ago.