Al Group Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 08:24 am EST
AL Group Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was HKD 2.855 million compared to HKD 39.885 million a year ago. Operating loss was HKD 6.227 million compared to operating Income of HKD 531,000 a year ago. Net loss was HKD 6.636 million compared to HKD 720,000 a year ago. Basic loss per share from continuing operations was HKD 0.0089 compared to HKD 0.0012 a year ago. For the nine months, sales was HKD 44.780 million compared to HKD 90.449 million a year ago. Operating loss was HKD 29.646 million compared to HKD 6.195 million a year ago. Net loss was HKD 31.664 million compared to HKD 7.988 million a year ago. Basic loss per share from continuing operations was HKD 0.0474 compared to HKD 0.0134 a year ago.