New Concept Energy, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 0.025 million compared to USD 0.025 million a year ago. Revenue was USD 0.045 million compared to USD 0.045 million a year ago.

Net income was USD 0.017 million compared to USD 0.005 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.