China Ocean Group Development Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was HKD 137.04 million compared to HKD 55.32 million a year ago. Net income was HKD 3.58 million compared to net loss of HKD 0.533 million a year ago. Basic earnings per share from continuing operations was HKD 0.0006 compared to basic loss per share from continuing operations of HKD 0.0001 a year ago. Diluted earnings per share from continuing operations was HKD 0.0006 compared to diluted loss per share from continuing operations of HKD 0.0001 a year ago.
For the six months, sales was HKD 272.69 million compared to HKD 194.39 million a year ago. Net income was HKD 14.05 million compared to net loss of HKD 8.69 million a year ago. Basic earnings per share from continuing operations was HKD 0.0023 compared to basic loss per share from continuing operations of HKD 0.0014 a year ago. Diluted earnings per share from continuing operations was HKD 0.0023 compared to diluted loss per share from continuing operations of HKD 0.0014 a year ago.