Queen's Road Capital Investment Ltd. reported earnings results for the third quarter and nine months ended May 31, 2023. For the third quarter, the company reported negative revenue was USD 10.07 million compared to USD 17.29 million a year ago. Net loss was USD 10.54 million compared to USD 18.88 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.04 a year ago.
For the nine months, negative revenue was USD 23.14 million compared to revenue of USD 7.36 million a year ago. Net loss was USD 27.64 million compared to USD 0.832311 million a year ago. Basic loss per share from continuing operations was USD 0.06. Diluted loss per share from continuing operations was USD 0.06.