Sipsa S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative sales was USD 0.624 million compared to sales of USD 1.01 million a year ago. Net income was USD 0.035 million compared to net loss of USD 0.515 million a year ago. Basic earnings per share from continuing operations was USD 0.0003 compared to basic loss per share from continuing operations of USD 0.0049 a year ago.
For the nine months, sales was USD 4.39 million compared to USD 7.35 million a year ago. Net loss was USD 1.84 million compared to USD 1.31 million a year ago. Basic loss per share from continuing operations was USD 0.0164 compared to USD 0.0116 a year ago.