New Silkroutes Group Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 6.47 million compared to USD 9.52 million a year ago. Net income was USD 1.5 million compared to net loss of USD 37.84 million a year ago. Basic earnings per share from continuing operations was USD 0.0072 compared to basic loss per share from continuing operations of USD 0.1815 a year ago.
For the nine months, sales was USD 25.48 million compared to USD 30.63 million a year ago. Net income was USD 1.56 million compared to net loss of USD 38.58 million a year ago. Basic earnings per share from continuing operations was USD 0.0075 compared to basic loss per share from continuing operations of USD 0.1851 a year ago.