Alset Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 0.633811 million compared to USD 0.232582 million a year ago. Revenue was USD 0.926936 million compared to USD 1.95 million a year ago.

Net loss was USD 3.86 million compared to USD 6.47 million a year ago. Basic loss per share from continuing operations was USD 0.46 compared to USD 1.3 a year ago.