Michong Metaverse (China) Holdings Group Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was HKD 33.3 million compared to HKD 23.8 million a year ago. Net income was HKD 3.54 million compared to net loss of HKD 23.56 million a year ago. Basic earnings per share from continuing operations was HKD 0.0059 compared to basic loss per share from continuing operations of HKD 0.0393 a year ago.
For the nine months, sales was HKD 99.85 million compared to HKD 75.25 million a year ago. Net income was HKD 21.15 million compared to net loss of HKD 24.69 million a year ago. Basic earnings per share from continuing operations was HKD 0.0352 compared to basic loss per share from continuing operations of HKD 0.0411 a year ago.