Lapco 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 HKD 230.54 million compared to HKD 259.97 million a year ago. Net income was HKD 3.97 million compared to HKD 5.78 million a year ago. Basic earnings per share from continuing operations was HKD 0.165 compared to HKD 0.289 a year ago.
For the nine months, sales was HKD 715.98 million compared to HKD 710.66 million a year ago. Net income was HKD 11.68 million compared to HKD 15.26 million a year ago. Basic earnings per share from continuing operations was HKD 0.538 compared to HKD 0.763 a year ago.