1957 & Co. (Hospitality) Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was HKD 118 million compared to HKD 107.26 million a year ago. Net loss was HKD 0.158 million compared to net income of HKD 6.52 million a year ago. Basic loss per share from continuing operations was HKD 0.0004 compared to basic earnings per share from continuing operations of HKD 0.017 a year ago.
For the nine months, sales was HKD 341.46 million compared to HKD 243.64 million a year ago. Net loss was HKD 11.09 million compared to HKD 1.71 million a year ago. Basic loss per share from continuing operations was HKD 0.0289 compared to HKD 0.0045 a year ago.