Queen's Road Capital Investment Ltd. reported earnings results for the second quarter and six months ended February 29, 2024. For the second quarter, the company reported revenue was USD 18.42 million compared to negative revenue of USD 15.66 million a year ago. Net income was USD 16.82 million compared to net loss of USD 17.56 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to diluted loss per share from continuing operations of USD 0.04 a year ago.
For the six months, revenue was USD 50.04 million compared to negative revenue of USD 13.07 million a year ago. Net income was USD 47.89 million compared to net loss of USD 17.1 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to basic loss per share from continuing operations of USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.1 compared to diluted loss per share from continuing operations of USD 0.04 a year ago.