Global Tech Industries Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 11:57 am EDT
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Global Tech Industries Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net loss was USD 7.43 million compared to USD 0.977531 million a year ago. Basic loss per share from continuing operations was USD 0.02.
For the six months, net loss was USD 80.02 million compared to USD 2.21 million a year ago. Basic loss per share from continuing operations was USD 0.25 compared to USD 0.01 a year ago.
Global Tech Industries Group, Inc. specializes in the pursuit of acquiring new technologies. The Company works across various and diverse industry sectors, attempting to find partners and assisting them in animating their business plans or facilitating them, through joint venture, or stock purchase, to spin out on their own. It also assists private companies, through incubation, to become public companies in their own right and in good standing. Its portfolio includes Classroom Salon and Gold Transaction International. Classroom Salon uses interfaces, workflows, and algorithms, providing a tool to author, deploy, teach, and assess school courses, seminars, and other study groups and then integrates them with other learning platforms at many educational levels. Gold Transaction International with the assistance of a private network, purchases gold from artisan miners throughout the world and transports, assays, refines and sells the gold in the Dubai Multi Commodities Centre (DMCC).
GLOBAL TECH INDUSTRIES GROUP, INC. 
