Nano Magic Holdings Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 0.493782 million compared to USD 1.06 million a year ago. Net income was USD 0.307133 million compared to net loss of USD 0.473597 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to USD 0.01 a year ago. Basic earnings per share was USD 0.03 compared to basic loss per share of USD 0.05 a year ago. Diluted earnings per share was USD 0.03 compared to diluted loss per share of USD 0.05 a year ago.
For the six months, sales was USD 1.01 million compared to USD 3.13 million a year ago. Net loss was USD 0.756518 million compared to USD 0.1032 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to USD 0.01 a year ago. Basic loss per share was USD 0.08 compared to USD 0.01 a year ago. Diluted loss per share was USD 0.08 compared to USD 0.01 a year ago.