Jinhui Shipping and Transportation Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 22.8 million compared to USD 50.63 million a year ago. Net loss was USD 6.51 million compared to net income of USD 20.33 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to basic earnings per share from continuing operations of USD 0.186 a year ago.
For the six months, sales was USD 37.23 million compared to USD 83.27 million a year ago. Net loss was USD 19.26 million compared to net income of USD 39.35 million a year ago. Basic loss per share from continuing operations was USD 0.176 compared to basic earnings per share from continuing operations of USD 0.36 a year ago.