Wednesday, Trinidad Drilling Ltd. (TDG.TO) said its third-quarter net loss was C$12.14 million or C$0.10 per share compared with a profit of C$20.37 million or C$0.21 per share in the prior year period.
Net loss before impairment of intangible asset was C$12.14 million or C$0.10 per share versus a profit of C$20.37 million or C$0.21 per share in the year-ago period. Net loss before stock-based compensation was C$10.05 million or C$0.08 per share compared with a profit of C$21.57 million or C$0.22 per share in the previous year.
Revenue for the quarter declined to C$126.14 million from C$191.68 million in the comparable period.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.