Global Food and Ingredients Ltd. reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was CAD 21.69 million compared to CAD 30.09 million a year ago. Net loss was CAD 2.48 million compared to CAD 4.35 million a year ago.

Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.07 a year ago. Basic loss per share was CAD 0.04 compared to CAD 0.08 a year ago.