Pieridae Energy Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 97.4 million compared to CAD 115.17 million a year ago. Net income was CAD 4.18 million compared to CAD 22.98 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to CAD 0.15 a year ago. Diluted earnings per share from continuing operations was CAD 0.03 compared to CAD 0.14 a year ago.
For the six months, revenue was CAD 219.65 million compared to CAD 225.81 million a year ago. Net income was CAD 17.82 million compared to CAD 33.53 million a year ago. Basic earnings per share from continuing operations was CAD 0.11 compared to CAD 0.21 a year ago. Diluted earnings per share from continuing operations was CAD 0.11 compared to CAD 0.21 a year ago.