Star Navigation Systems Group Ltd. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was CAD 0.005674 million compared to CAD 0.00756 million a year ago. Net loss was CAD 1.01 million compared to CAD 0.949004 million a year ago. Basic loss per share from continuing operations was CAD 0.001 compared to CAD 0.001 a year ago.
For the six months, sales was CAD 0.013352 million compared to CAD 0.015598 million a year ago. Net loss was CAD 1.71 million compared to CAD 1.86 million a year ago. Basic loss per share from continuing operations was CAD 0.002 compared to CAD 0.002 a year ago. Diluted loss per share from continuing operations was CAD 0.002 compared to CAD 0.002 a year ago.