California First Leasing Corporation reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 1.75 million compared to USD 0.782 million a year ago. Net income was USD 4.72 million compared to net loss of USD 2.23 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to basic loss per share from continuing operations of USD 0.22 a year ago.
For the nine months, sales was USD 4.02 million compared to USD 2.71 million a year ago. Net income was USD 8.1 million compared to USD 8.3 million a year ago. Basic earnings per share from continuing operations was USD 0.81 compared to USD 0.81 a year ago.