Mongolia Growth Group Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 0.201015 million compared to CAD 0.144581 million a year ago. Revenue was CAD 1.05 million compared to CAD 0.179416 million a year ago. Net loss was CAD 2.22 million compared to net income of CAD 3.76 million a year ago. Basic loss per share from continuing operations was CAD 0.08 compared to basic earnings per share from continuing operations of CAD 0.13 a year ago. Diluted loss per share from continuing operations was CAD 0.08 compared to diluted earnings per share from continuing operations of CAD 0.13 a year ago.
For the six months, sales was CAD 0.405086 million compared to CAD 0.289003 million a year ago. Revenue was CAD 1.89 million compared to CAD 0.429278 million a year ago. Net income was CAD 4.06 million compared to CAD 9.87 million a year ago. Basic earnings per share from continuing operations was CAD 0.15 compared to CAD 0.33 a year ago. Diluted earnings per share from continuing operations was CAD 0.15 compared to CAD 0.33 a year ago.