K-Bro Linen 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 80.75 million compared to CAD 70.89 million a year ago. Net income was CAD 4.69 million compared to CAD 1.62 million a year ago. Basic earnings per share from continuing operations was CAD 0.438 compared to CAD 0.152 a year ago. Diluted earnings per share from continuing operations was CAD 0.436 compared to CAD 0.151 a year ago.
For the six months, sales was CAD 151.53 million compared to CAD 132.32 million a year ago. Net income was CAD 6.69 million compared to CAD 1.17 million a year ago. Basic earnings per share from continuing operations was CAD 0.625 compared to CAD 0.11 a year ago. Diluted earnings per share from continuing operations was CAD 0.622 compared to CAD 0.109 a year ago.