Thermal Energy International Inc. reported earnings results for the second quarter and six months ended November 30, 2021. For the second quarter, the company reported sales was CAD 4.08 million compared to CAD 5.02 million a year ago. Net loss was CAD 0.65731 million compared to net income of CAD 0.569339 million a year ago. Basic loss per share from continuing operations was CAD 0.004 compared to basic earnings per share from continuing operations of CAD 0.004 a year ago.
For the six months, sales was CAD 7.96 million compared to CAD 7.85 million a year ago. Net loss was CAD 0.838693 million compared to net income of CAD 0.344265 million a year ago. Basic loss per share from continuing operations was CAD 0.005 compared to basic earnings per share from continuing operations of CAD 0.002 a year ago.