Arax Holdings Corp. reported earnings results for the third quarter and nine months ended July 31, 2023. For the third quarter, the company reported sales was USD 0.228518 million. Net loss was USD 2 million compared to USD 0.011122 million a year ago. Basic loss per share from continuing operations was USD 0.04.
For the nine months, sales was USD 0.68229 million. Net loss was USD 3.3 million compared to USD 0.047785 million a year ago. Basic loss per share from continuing operations was USD 0.06.