Bitnine Co, Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 6,384.04 million compared to KRW 4,120.5 million a year ago. Net loss was KRW 500.3 million compared to net income of KRW 950.21 million a year ago.

Basic loss per share from continuing operations was KRW 48 compared to basic earnings per share from continuing operations of KRW 92 a year ago. Basic loss per share was KRW 48 compared to basic earnings per share of KRW 92 a year ago.