Varia US Properties AG reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 32.91 million compared to USD 31.1 million a year ago. Revenue was USD 33.45 million compared to USD 90.05 million a year ago. Net loss was USD 12.94 million compared to net income of USD 44.67 million a year ago. Basic loss per share from continuing operations was USD 1.28 compared to basic earnings per share from continuing operations of USD 4.41 a year ago.
For the six months, sales was USD 66.97 million compared to USD 61.98 million a year ago. Revenue was USD 22.39 million compared to USD 248.94 million a year ago. Net loss was USD 46.94 million compared to net income of USD 145.51 million a year ago. Basic loss per share from continuing operations was USD 4.64 compared to basic earnings per share from continuing operations of USD 14.37 a year ago. Diluted loss per share from continuing operations was USD 4.64 compared to diluted earnings per share from continuing operations of USD 14.37 a year ago.