Takung Art Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 1.63 million. Net income was USD 0.844381 million compared to net loss of USD 1.99 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to basic loss per share from continuing operations of USD 0.07 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 0.07 a year ago.
For the nine months, revenue was USD 2.33 million. Net loss was USD 7.1 million compared to USD 9.79 million a year ago. Basic loss per share from continuing operations was USD 0.3 compared to USD 0.69 a year ago.