Foraco International SA reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 100.07 million compared to USD 86.5 million a year ago. Net income was USD 8.81 million compared to USD 5.06 million a year ago. Basic earnings per share from continuing operations was USD 0.0892 compared to USD 0.0512 a year ago. Diluted earnings per share from continuing operations was USD 0.0873 compared to USD 0.0499 a year ago.
For the six months, sales was USD 188.44 million compared to USD 154.24 million a year ago. Net income was USD 15.45 million compared to USD 4.89 million a year ago. Basic earnings per share from continuing operations was USD 0.1561 compared to USD 0.0495 a year ago. Diluted earnings per share from continuing operations was USD 0.1529 compared to USD 0.0482 a year ago.