Grand Power Logistics Group 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 207.24 million compared to HKD 151.18 million a year ago. Net income was HKD 0.635 million compared to net loss of HKD 7.45 million a year ago. Basic earnings per share from continuing operations was HKD 0.0021 compared to basic loss per share from continuing operations of HKD 0.0248 a year ago. Diluted earnings per share from continuing operations was HKD 0.0021 compared to diluted loss per share from continuing operations of HKD 0.0248 a year ago.
For the nine months, sales was HKD 529.75 million compared to HKD 517.77 million a year ago. Net loss was HKD 5.47 million compared to HKD 8.83 million a year ago. Basic loss per share from continuing operations was HKD 0.0182 compared to HKD 0.0294 a year ago. Diluted loss per share from continuing operations was HKD 0.0182 compared to HKD 0.0294 a year ago.