Pacific Radiance Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 7.93 million compared to USD 6.41 million a year ago. Net income was USD 2.77 million compared to USD 306.14 million a year ago. Basic earnings per share from continuing operations was USD 0.006 compared to USD 1.568 a year ago. Diluted earnings per share was USD 0.006 compared to USD 1.558 a year ago.
For the nine months, sales was USD 24.22 million compared to USD 21.61 million a year ago. Net income was USD 6.27 million compared to USD 333.85 million a year ago. Basic earnings per share from continuing operations was USD 0.014 compared to USD 2.89 a year ago. Diluted earnings per share was USD 0.014 compared to USD 2.937 a year ago.