Mongolia Growth Group Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 0.204576 million compared to CAD 0.201015 million a year ago. Revenue was CAD 1.06 million compared to CAD 1.05 million a year ago. Net loss was CAD 0.008158 million compared to CAD 2.22 million a year ago.
For the six months, sales was CAD 0.417142 million compared to CAD 0.405086 million a year ago. Revenue was CAD 2.19 million compared to CAD 1.89 million a year ago. Net loss was CAD 1.27 million compared to net income of CAD 4.06 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 0.15 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 0.15 a year ago.