Global Food and Ingredients Ltd. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was CAD 36.86 million compared to CAD 39.43 million a year ago. Net loss was CAD 0.012342 million compared to CAD 0.316382 million a year ago.
For the nine months, sales was CAD 76.12 million compared to CAD 93.4 million a year ago. Net loss was CAD 4.54 million compared to CAD 7.47 million a year ago. Basic loss per share from continuing operations was CAD 0.06 compared to CAD 0.1 a year ago. Basic loss per share was CAD 0.07 compared to CAD 0.12 a year ago.