Transcontinental Realty Investors, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 11.01 million compared to USD 7.48 million a year ago. Revenue was USD 11.69 million compared to USD 7.79 million a year ago.

Net income was USD 3.52 million compared to USD 14.5 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to USD 1.68 a year ago.