Michong Metaverse (China) Holdings Group Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was HKD 25.63 million compared to HKD 32.73 million a year ago. Net loss was HKD 8.69 million compared to net income of HKD 8.29 million a year ago. Basic loss per share from continuing operations was HKD 0.0145 compared to basic earnings per share from continuing operations of HKD 0.0138 a year ago.
For the six months, sales was HKD 50.67 million compared to HKD 66.55 million a year ago. Net loss was HKD 11.02 million compared to net income of HKD 17.38 million a year ago. Basic loss per share from continuing operations was HKD 0.0184 compared to basic earnings per share from continuing operations of HKD 0.029 a year ago.