Total Energy Services Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 208.85 million compared to CAD 179.2 million a year ago. Net income was CAD 6.2 million compared to CAD 6.11 million a year ago. Basic earnings per share from continuing operations was CAD 0.15 compared to CAD 0.14 a year ago. Diluted earnings per share from continuing operations was CAD 0.15 compared to CAD 0.14 a year ago.
For the six months, sales was CAD 446.62 million compared to CAD 340.66 million a year ago. Net income was CAD 30.24 million compared to CAD 8.59 million a year ago. Basic earnings per share from continuing operations was CAD 0.74 compared to CAD 0.2 a year ago. Diluted earnings per share from continuing operations was CAD 0.73 compared to CAD 0.2 a year ago.