1957 & Co. (Hospitality) Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was HKD 110.73 million compared to HKD 91.93 million a year ago. Net loss was HKD 0.324 million compared to net income of HKD 6.7 million a year ago. Basic loss per share from continuing operations was HKD 0.0008 compared to basic earnings per share from continuing operations of HKD 0.0174 a year ago.
For the six months, sales was HKD 223.46 million compared to HKD 136.38 million a year ago. Net loss was HKD 10.93 million compared to HKD 8.23 million a year ago. Basic loss per share from continuing operations was HKD 0.0285 compared to HKD 0.0214 a year ago.