Thermal Energy International Inc. reported earnings results for the second quarter and six months ended November 30, 2022. For the second quarter, the company reported sales was CAD 4.16 million compared to CAD 4.08 million a year ago. Net loss was CAD 0.265525 million compared to CAD 0.65731 million a year ago. Basic loss per share from continuing operations was CAD 0.002 compared to CAD 0.004 a year ago.
For the six months, sales was CAD 7.28 million compared to CAD 7.96 million a year ago. Net loss was CAD 0.778182 million compared to CAD 0.838693 million a year ago. Basic loss per share from continuing operations was CAD 0.005 compared to CAD 0.005 a year ago.