Yangarra Resources Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 35.49 million compared to CAD 60.23 million a year ago. Net income was CAD 7.83 million compared to CAD 30.63 million a year ago. Basic earnings per share from continuing operations was CAD 0.08 compared to CAD 0.35 a year ago. Diluted earnings per share from continuing operations was CAD 0.08 compared to CAD 0.33 a year ago.
For the six months, revenue was CAD 79.28 million compared to CAD 109.06 million a year ago. Net income was CAD 22.74 million compared to CAD 53.35 million a year ago. Basic earnings per share from continuing operations was CAD 0.25 compared to CAD 0.61 a year ago. Diluted earnings per share from continuing operations was CAD 0.23 compared to CAD 0.58 a year ago.