1957 & Co. (Hospitality) Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was HKD 107.26 million compared to HKD 101.62 million a year ago. Net income was HKD 6.52 million compared to HKD 2.28 million a year ago. Basic earnings per share from continuing operations was HKD 0.017 compared to HKD 0.0059 a year ago.
For the nine months, sales was HKD 243.64 million compared to HKD 288.23 million a year ago. Net loss was HKD 1.71 million compared to net income of HKD 9.45 million a year ago. Basic loss per share from continuing operations was HKD 0.0045 compared to basic earnings per share from continuing operations of HKD 0.0246 a year ago.