Goodfellow Inc. reported earnings results for the second quarter and six months ended May 31, 2023. For the second quarter, the company reported sales was CAD 142.33 million compared to CAD 184.95 million a year ago. Net income was CAD 6.58 million compared to CAD 12.54 million a year ago. Basic earnings per share from continuing operations was CAD 0.77 compared to CAD 1.46 a year ago.
For the six months, sales was CAD 248.25 million compared to CAD 314.31 million a year ago. Net income was CAD 6.36 million compared to CAD 17.66 million a year ago. Basic earnings per share from continuing operations was CAD 0.75 compared to CAD 2.06 a year ago.