Grace Wine Holdings Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CNY 12.09 million compared to CNY 23.77 million a year ago. Net loss was CNY 0.577 million compared to net income of CNY 4.25 million a year ago. Basic loss per share from continuing operations was CNY 0.0007 compared to basic earnings per share from continuing operations of CNY 0.0053 a year ago.
For the nine months, sales was CNY 48.56 million compared to CNY 51.96 million a year ago. Net income was CNY 4.82 million compared to CNY 5.09 million a year ago. Basic earnings per share from continuing operations was CNY 0.006 compared to CNY 0.0064 a year ago.