Pacific Radiance Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 8.22 million compared to USD 4.6 million a year ago. Net income was USD 2.85 million compared to USD 27.67 million a year ago.

Basic earnings per share from continuing operations was USD 0.006 compared to USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.006 compared to USD 0.28 a year ago. Basic earnings per share was USD 0.006 compared to USD 0.39 a year ago.

Diluted earnings per share was USD 0.006 compared to USD 0.39 a year ago.