Jinhui Shipping and Transportation Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 20.04 million compared to USD 39.58 million a year ago. Net loss was USD 8.08 million compared to net income of USD 0.289 million a year ago. Basic loss per share from continuing operations was USD 0.074 compared to basic earnings per share from continuing operations of USD 0.003 a year ago.
For the nine months, sales was USD 57.27 million compared to USD 122.84 million a year ago. Net loss was USD 27.34 million compared to net income of USD 39.64 million a year ago. Basic loss per share from continuing operations was USD 0.25 compared to basic earnings per share from continuing operations of USD 0.363 a year ago.