Economic Investment Trust Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 6.12 million compared to CAD 54.06 million a year ago. Net income was CAD 3.76 million compared to CAD 50.35 million a year ago. Basic earnings per share from continuing operations was CAD 0.65 compared to CAD 9.02 a year ago.
For the nine months, negative revenue was CAD 111.1 million compared to revenue of CAD 202.01 million a year ago. Net loss was CAD 98.62 million compared to net income of CAD 177.25 million a year ago. Basic loss per share from continuing operations was CAD 17.69 compared to basic earnings per share from continuing operations of CAD 31.73 a year ago.