SDM Education Group Holdings Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was HKD 42.33 million compared to HKD 46.77 million a year ago. Net income was HKD 5.49 million compared to HKD 2.22 million a year ago. Basic earnings per share from continuing operations was HKD 0.0119 compared to HKD 0.0057 a year ago.
For the nine months, sales was HKD 111.55 million compared to HKD 138.41 million a year ago. Net loss was HKD 10.05 million compared to net income of HKD 88.18 million a year ago. Basic loss per share from continuing operations was HKD 0.022 compared to basic earnings per share from continuing operations of HKD 0.2292 a year ago.