Graphene Manufacturing Group Ltd. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was AUD 0.024374 million compared to AUD 0.009084 million a year ago. Net loss was AUD 2.63 million compared to net income of AUD 1.88 million a year ago. Basic loss per share from continuing operations was AUD 0.0322 compared to basic earnings per share from continuing operations of AUD 0.0242 a year ago.
For the nine months, sales was AUD 0.113774 million compared to AUD 0.037152 million a year ago. Net loss was AUD 7.97 million compared to AUD 13.53 million a year ago. Basic loss per share from continuing operations was AUD 0.0993 compared to AUD 0.1798 a year ago.