FGI Industries Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 29.93 million compared to USD 38.54 million a year ago. Net income was USD 0.409535 million compared to USD 1.27 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.13 a year ago.
For the nine months, sales was USD 86.28 million compared to USD 129.93 million a year ago. Net income was USD 0.194641 million compared to USD 2.97 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.32 a year ago.