Pacific Radiance Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 8.07 million compared to USD 10.6 million a year ago. Net income was USD 0.647 million compared to USD 0.909 million a year ago. Basic earnings per share from continuing operations was USD 0.001 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.001 compared to USD 0.01 a year ago. Basic earnings per share was USD 0.001 compared to USD 0.01 a year ago. Diluted earnings per share was USD 0.001 compared to USD 0.01 a year ago.
For the six months, sales was USD 16.28 million compared to USD 15.2 million a year ago. Net income was USD 3.5 million compared to USD 27.71 million a year ago. Basic earnings per share from continuing operations was USD 0.008 compared to USD 0.29 a year ago. Diluted earnings per share from continuing operations was USD 0.008 compared to USD 0.29 a year ago. Basic earnings per share was USD 0.008 compared to USD 0.38 a year ago. Diluted earnings per share was USD 0.008 compared to USD 0.38 a year ago.