Melcor Real Estate Investment Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 18.12 million compared to CAD 18.15 million a year ago. Net income was CAD 7.2 million compared to CAD 18.06 million a year ago. Basic earnings per share from continuing operations was CAD 0.56 compared to CAD 1.39 a year ago. Diluted loss per share from continuing operations was CAD 0.05 compared to diluted earnings per share from continuing operations of CAD 0.11 a year ago.
For the six months, sales was CAD 37.11 million compared to CAD 37.12 million a year ago. Net income was CAD 10.85 million compared to CAD 11.52 million a year ago. Basic earnings per share from continuing operations was CAD 0.84 compared to CAD 0.89 a year ago. Diluted earnings per share from continuing operations was CAD 0.04 compared to CAD 0.2 a year ago.