Kiwetinohk Energy Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 113.54 million compared to CAD 177.87 million a year ago. Net income was CAD 21.7 million compared to CAD 44.85 million a year ago. Basic earnings per share from continuing operations was CAD 0.49 compared to CAD 1.02 a year ago. Diluted earnings per share from continuing operations was CAD 0.49 compared to CAD 1.01 a year ago.
For the six months, revenue was CAD 275.32 million compared to CAD 260.6 million a year ago. Net income was CAD 75.65 million compared to CAD 20.3 million a year ago. Basic earnings per share from continuing operations was CAD 1.71 compared to CAD 0.46 a year ago. Diluted earnings per share from continuing operations was CAD 1.7 compared to CAD 0.46 a year ago.