The consequence in contrast with a lack of $21.4 million or 33 cents per diluted in the identical quarter final yr.
Income for the quarter totalled $361.8 million, up from $277.3 million a yr earlier.
Theatre attendance amounted to 11.6 million, up from 8.7 million. Cineplex says it set all-time quarterly data for field workplace per patron at $13.68 and concession per patron at $10.04.
Barrick Mining reviews rise is Q2 income regardless of US$1-billion writedown on Mali mine
Barrick Mining Corp. (TSX:ABX)
Numbers for its second quarter of 2025 (all figures in USD).
- Revenue: $811 million (up from $370 million a yr earlier)
- Gross sales: $3.68 billion (up from $3.16 billion the yr earlier than)
Barrick Mining Corp. took a US$1.04-billion cost in its second quarter associated to its lack of management of a gold mine in Mali, however nonetheless reported an increase in revenue because of larger gold costs and an asset sale.
The Toronto-based mining firm stated Monday it earned US$811 million or 47 cents US per diluted share for the quarter ended June 30, up from US$370 million or 21 cents US per diluted share a yr earlier. Income rose as the value it bought its gold at was up 41% from final yr to US$3,295 an oz.. Gold costs have climbed largely over instability fears raised by the financial insurance policies of the U.S. Trump administration.
The upper gold value was offset considerably by the writedown on the worth of its Loulo-Gounkoto mine in Mali, after a June ruling by a decide within the nation that it’s positioned underneath provisional administration for six months.
Barrick Gold has been in battle with Mali’s navy rulers over alleged unpaid taxes and unfair contracts with previous governments. The dispute culminated in an arrest warrant in December for Barrick CEO Mark Bristow and the corporate’s supply to pay US$370 million to the federal government. Since then, the federal government has additionally arrested Barrick staff, who stay detained, and suspended gold exports, however Bristow stated on an convention name Monday that there was nonetheless a possible to resolve the deadlock outdoors the arbitration course of. “We’re not at that stage the place we don’t consider that we will, you understand, discover a decision,” Bristow instructed the convention name to debate the corporate’s newest monetary outcomes. “While you’re partaking and speaking, there’s at all times a chance. After all, there’s been some exercise in Mali, which complicates the method.” He stated the corporate continues to handle the state of affairs in a measured and constructive method, persevering with with arbitration as it really works to discover a path ahead.
Whereas the Mali cost weighed on outcomes, it was additionally balanced by US$745-million achieve within the quarter from the sale of a 50% curiosity within the Donlin gold mission in Alaska. Since quarter finish, the corporate has additionally introduced the sale of its Alturas mission in Chile for US$50 million, whereas it is usually in talks to promote Hemlo, its final Canadian gold mine.
Bristow stated there’s loads of urge for food for mines like Hemlo, whereas the corporate has added important gold reserves in recent times to make it a great time to assessment its holdings. “It is sensible to rationalize your portfolio infrequently,” he stated. “And it’s a great time to do it when there are consumers on the market out there.” In its newest outcomes, Barrick famous Hemlo, which produced 32,000 ounces within the quarter, isn’t thought of a core a part of its portfolio.
On an adjusted foundation, Barrick says it earned 47 cents US per share in its newest quarter, up from an adjusted revenue of 32 cents US in the identical quarter final yr. The imply analyst estimate had been for earnings of 45 cents per share, in response to LSEG Knowledge & Analytics. Income for the quarter totalled US$3.68 billion, up from US$3.16 billion a yr earlier. Gold manufacturing within the quarter totalled 797,000 ounces, down from 948,000 a yr in the past. Copper manufacturing totalled 59,000 tonnes, up from 43,000 tonnes a yr in the past.
Total outcomes have been blended, stated RBC analyst Josh Wolfson in a observe, with working outcomes consistent with expectations whereas monetary outcomes have been noisy partly due to the asset gross sales.
Maple Leaf Meals reviews Q2 revenue rose, pushed by pork enterprise
Maple Leaf Meals (TSX:MFI)
Numbers for its second quarter of 2025 (all figures in USD).
- Revenue: $57.8 million (up from lack of $26.2 million a yr earlier)
- Gross sales: $1.36 billion (up from $1.26 billion)
Maple Leaf Meals Inc. reported its second-quarter revenue of $57.8 million, in contrast with a lack of $26.2 million a yr in the past. Its earnings amounted to 46 cents per diluted share for the quarter ended June 30, up from a lack of 21 cents per share in the identical quarter final yr, the corporate stated on Thursday.
On an adjusted foundation, Maple Leaf says it earned 56 cents per share in its newest quarter, up from an adjusted revenue of 18 cents per share a yr earlier.
Gross sales for the quarter totalled $1.36 billion, up from $1.26 billion a yr in the past. Maple Leaf stated its ready meals gross sales elevated 7.5%, whereas poultry gross sales elevated 8.5%. Pork gross sales rose 10.7%.
