Queen's Road Capital Investment Ltd. reported earnings results for the third quarter and nine months ended May 31, 2024. For the third quarter, the company reported revenue was USD 31.63 million compared to negative revenue of USD 10.06 million a year ago. Net income was USD 30.15 million compared to net loss of USD 10.54 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to basic loss per share from continuing operations of USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to diluted loss per share from continuing operations of USD 0.02 a year ago.
For the nine months, revenue was USD 81.68 million compared to negative revenue of USD 23.13 million a year ago. Net income was USD 78.05 million compared to net loss of USD 27.64 million a year ago. Basic earnings per share from continuing operations was USD 0.17 compared to basic loss per share from continuing operations of USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.16 compared to diluted loss per share from continuing operations of USD 0.06 a year ago.