Champion Iron Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was CAD 253.02 million compared to CAD 329.55 million a year ago. Net income was CAD 68 million compared to CAD 120.77 million a year ago. Basic earnings per share from continuing operations was CAD 0.13 compared to CAD 0.25 a year ago. Diluted earnings per share from continuing operations was CAD 0.13 compared to CAD 0.24 a year ago.
For the nine months, sales was CAD 1,129.43 million compared to CAD 885.11 million a year ago. Net income was CAD 406.93 million compared to CAD 308.49 million a year ago. Basic earnings per share from continuing operations was CAD 0.8 compared to CAD 0.65 a year ago. Diluted earnings per share from continuing operations was CAD 0.78 compared to CAD 0.63 a year ago.