Priortech Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.156 million compared to USD 0.164 million a year ago. Revenue was USD 9.84 million compared to USD 9.13 million a year ago. Net income was USD 8.03 million compared to USD 7.39 million a year ago. Basic earnings per share from continuing operations was USD 0.67 compared to USD 0.61 a year ago. Diluted earnings per share from continuing operations was USD 0.66 compared to USD 0.61 a year ago.
For the nine months, sales was USD 0.475 million compared to USD 0.497 million a year ago. Revenue was USD 22.49 million compared to USD 38.63 million a year ago. Net income was USD 18.48 million compared to USD 30.8 million a year ago. Basic earnings per share from continuing operations was USD 1.54 compared to USD 2.56 a year ago. Diluted earnings per share from continuing operations was USD 1.52 compared to USD 2.53 a year ago.