Comet Industries Ltd. reported earnings results for the second quarter and six months ended July 31, 2023. For the second quarter, the company reported sales was CAD 0.124491 million compared to CAD 0.152394 million a year ago. Net loss was CAD 0.145161 million compared to net income of CAD 0.011 million a year ago. Basic loss per share from continuing operations was CAD 0.03.
For the six months, sales was CAD 0.283332 million compared to CAD 0.312019 million a year ago. Net loss was CAD 0.109157 million compared to net income of CAD 0.074054 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to basic earnings per share from continuing operations of CAD 0.02 a year ago.