Media Chinese International Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 36.36 million compared to USD 34.62 million a year ago. Net loss was USD 1.11 million compared to net income of USD 0.835 million a year ago. Basic loss per share from continuing operations was USD 0.0007 compared to basic earnings per share from continuing operations of USD 0.0005 a year ago. Diluted loss per share from continuing operations was USD 0.0007 compared to diluted earnings per share from continuing operations of USD 0.0005 a year ago.
For the nine months, sales was USD 113.85 million compared to USD 101.28 million a year ago. Net loss was USD 6.02 million compared to net income of USD 1.88 million a year ago. Basic loss per share from continuing operations was USD 0.0036 compared to basic earnings per share from continuing operations of USD 0.0011 a year ago. Diluted loss per share from continuing operations was USD 0.0036 compared to diluted earnings per share from continuing operations of USD 0.0011 a year ago.