Africa Clean Energy Solutions Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported revenue was USD 0.102644 million compared to USD 0.229487 million a year ago. Net loss was USD 0.123455 million compared to net income of USD 0.075966 million a year ago. Basic loss per share from continuing operations was USD 0.0047 compared to basic earnings per share from continuing operations of USD 0.0051 a year ago.
For the nine months, revenue was USD 0.304775 million compared to USD 0.177531 million a year ago. Net loss was USD 0.352871 million compared to USD 0.370795 million a year ago. Basic loss per share from continuing operations was USD 0.0126 compared to USD 0.0117 a year ago.