Goodfellow Inc. reported earnings results for the third quarter and nine months ended August 31, 2023. For the third quarter, the company reported sales was CAD 139.16 million compared to CAD 167.57 million a year ago. Net income was CAD 6.19 million compared to CAD 10.58 million a year ago. Basic earnings per share from continuing operations was CAD 0.72 compared to CAD 1.24 a year ago.
For the nine months, sales was CAD 387.41 million compared to CAD 481.89 million a year ago. Net income was CAD 12.56 million compared to CAD 28.24 million a year ago. Basic earnings per share from continuing operations was CAD 1.47 compared to CAD 3.3 a year ago.