E Automotive Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 32.72 million compared to USD 30.07 million a year ago. Net loss was USD 13.95 million compared to USD 12.65 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 0.26 a year ago.
For the six months, sales was USD 63.51 million compared to USD 54.91 million a year ago. Net loss was USD 24.16 million compared to USD 27.6 million a year ago. Basic loss per share from continuing operations was USD 0.45 compared to USD 0.57 a year ago.