Mill City Ventures III, Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 0.907502 million compared to USD 1.24 million a year ago. Net income was USD 0.070721 million compared to USD 0.518008 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.11 a year ago.
For the six months, revenue was USD 1.77 million compared to USD 2.24 million a year ago. Net loss was USD 0.647323 million compared to net income of USD 0.930119 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to basic earnings per share from continuing operations of USD 0.19 a year ago.