Alset Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 0.690967 million compared to USD 0.4039 million a year ago. Revenue was USD 19.15 million compared to USD 0.92634 million a year ago. Net loss was USD 5.81 million compared to USD 8.99 million a year ago. Basic loss per share from continuing operations was USD 0.63 compared to USD 1.46 a year ago.
For the six months, sales was USD 1.32 million compared to USD 0.636482 million a year ago. Revenue was USD 20.08 million compared to USD 2.88 million a year ago. Net loss was USD 9.67 million compared to USD 15.45 million a year ago. Basic loss per share from continuing operations was USD 1.09 compared to USD 2.77 a year ago.