Farnova Group Holdings Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was HKD 16.2 million compared to HKD 21.3 million a year ago. Net loss was HKD 10.84 million compared to net income of HKD 2.82 million a year ago. Basic loss per share from continuing operations was HKD 0.013 compared to basic earnings per share from continuing operations of HKD 0.004 a year ago.
For the nine months, sales was HKD 58.16 million compared to HKD 60.9 million a year ago. Net loss was HKD 17.57 million compared to net income of HKD 4.63 million a year ago. Basic loss per share from continuing operations was HKD 0.021 compared to basic earnings per share from continuing operations of HKD 0.006 a year ago.