Algoma Central Corporation: Algoma Central Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024

Algoma Central Corporation reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was CAD 204.64 million compared to CAD 205.89 million a year ago. Net income was CAD 39.91 million compared to CAD 35.75 million a year ago. Basic earnings per share from continuing operations was CAD 0.98 compared to CAD 0.93 a year ago. Diluted earnings per share from continuing operations was CAD 0.98 compared to CAD 0.85 a year ago. For the nine months, sales was CAD 494.83 million compared to CAD 519.9 million a year ago. Net income was CAD 40.13 million compared to CAD 49.25 million a year ago. Basic earnings per share from continuing operations was CAD 1.01 compared to CAD 1.28 a year ago. Diluted earnings per share from continuing operations was CAD 1.01 compared to CAD 1.2 a year ago.