Mongolia Growth Group Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CAD 0.212566 million compared to CAD 0.204071 million a year ago. Revenue was CAD 1.13 million compared to CAD 0.839606 million a year ago.

Net loss was CAD 1.26 million compared to net income of CAD 6.28 million a year ago. Basic loss per share from continuing operations was CAD 0.05 compared to basic earnings per share from continuing operations of CAD 0.23 a year ago. Diluted loss per share from continuing operations was CAD 0.05 compared to diluted earnings per share from continuing operations of CAD 0.23 a year ago.