Summit Industrial Income REIT reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 63.05 million compared to CAD 52.64 million a year ago. Net income was CAD 39.43 million compared to CAD 253.03 million a year ago. Basic earnings per share from continuing operations was CAD 0.208 compared to CAD 1.492 a year ago. Diluted earnings per share from continuing operations was CAD 0.207 compared to CAD 1.49 a year ago.
For the nine months, sales was CAD 184.42 million compared to CAD 160.06 million a year ago. Net income was CAD 364.39 million compared to CAD 1,003.75 million a year ago. Basic earnings per share from continuing operations was CAD 1.961 compared to CAD 5.956 a year ago. Diluted earnings per share from continuing operations was CAD 1.958 compared to CAD 5.947 a year ago.