Paranovus Entertainment Technology Ltd. reported earnings results for the half year ended September 30, 2023. For the half year, the company reported sales was USD 6.29 million compared to USD 16.88 million a year ago. Net income was USD 8.2 million compared to net loss of USD 22.74 million a year ago.

Basic earnings per share from continuing operations was USD 2.06 compared to basic loss per share from continuing operations of USD 0.05 a year ago.