Economic Investment Trust Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported negative revenue was CAD 97.89 million compared to revenue of CAD 34.14 million a year ago. Net loss was CAD 85.45 million compared to net income of CAD 28.7 million a year ago. Basic loss per share from continuing operations was CAD 15.31 compared to basic earnings per share from continuing operations of CAD 5.13 a year ago.
For the six months, negative revenue was CAD 117.22 million compared to revenue of CAD 147.96 million a year ago. Net loss was CAD 102.38 million compared to net income of CAD 126.9 million a year ago. Basic loss per share from continuing operations was CAD 18.34 compared to basic earnings per share from continuing operations of CAD 22.71 a year ago.