Greenland Technologies Holding Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 21.84 million compared to USD 21.79 million a year ago. Net loss was USD 0.88742 million compared to net income of USD 1.28 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to basic earnings per share from continuing operations of USD 0.1 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to diluted earnings per share from continuing operations of USD 0.1 a year ago.
For the nine months, sales was USD 67.56 million compared to USD 71.7 million a year ago. Net income was USD 2.96 million compared to USD 4.55 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to USD 0.39 a year ago.