SPI Energy Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 18, 2023 at 09:52 am EDT
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SPI Energy Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 58.85 million compared to USD 48.58 million a year ago. Net loss was USD 2.47 million compared to USD 2.31 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.08 a year ago.
For the six months, sales was USD 106.77 million compared to USD 87.12 million a year ago. Net loss was USD 11.88 million compared to USD 9.16 million a year ago. Basic loss per share from continuing operations was USD 0.39 compared to USD 0.34 a year ago.
SPI Energy Co., Ltd. is a renewable energy company and provider of photovoltaic (PV) solutions for business, residential, government and utility customers and investors. The Companyâs segments include Renewable energy solutions and PV stations constructions and operations. The Company develops solar PV projects which are either sold to third party operators or owned and operated by the Company for selling electricity to the grid in multiple countries in Asia, North America and Europe. In Australia, the Company primarily sells solar PV components to retail customers and solar project developers. It is also engaged in roofing and solar energy systems installation and assembling solar modules. The Companyâs subsidiaries include SolarJuice Co., Ltd, Solar Juice Pty Ltd., Solarjuice American Inc., Sloar4america Technology Inc., Italsolar S.r.l., SPI Solar Japan G.K., Solar Power Inc UK Service Limited, SPI Solar Inc., Heliostixio S.A., Heliohrisi S.A., and others.
SPI ENERGY CO., LTD. 
