Takung Art Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 0.574777 million compared to USD 0.694175 million a year ago. Net income was USD 6.82 million compared to net loss of USD 7.16 million a year ago. Basic loss per share from continuing operations was USD 0.001 compared to USD 0.299 a year ago. Diluted loss per share from continuing operations was USD 0.001 compared to USD 0.299 a year ago.
For the six months, revenue was USD 1.27 million compared to USD 0.694175 million a year ago. Net income was USD 6.77 million compared to net loss of USD 7.95 million a year ago. Basic loss per share from continuing operations was USD 0.002 compared to USD 0.391 a year ago. Diluted loss per share from continuing operations was USD 0.002 compared to USD 0.391 a year ago.