Imperial Ginseng Products Ltd. reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was CAD 1.83 million compared to CAD 3.79 million a year ago. Net loss was CAD 0.40158 million compared to CAD 0.191772 million a year ago. Basic loss per share from continuing operations was CAD 0.05 compared to CAD 0.03 a year ago. Diluted loss per share from continuing operations was CAD 0.05 compared to CAD 0.03 a year ago.
For the nine months, sales was CAD 2.74 million compared to CAD 6.85 million a year ago. Net income was CAD 0.705816 million compared to net loss of CAD 3.42 million a year ago. Basic earnings per share from continuing operations was CAD 0.1 compared to basic loss per share from continuing operations of CAD 0.47 a year ago. Diluted earnings per share from continuing operations was CAD 0.09 compared to diluted loss per share from continuing operations of CAD 0.47 a year ago.