Smart City Development Holdings Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was HKD 95.34 million compared to HKD 68.76 million a year ago. Net loss was HKD 4.21 million compared to HKD 3.72 million a year ago.

Basic loss per share from continuing operations was HKD 0.0176 compared to HKD 0.0186 a year ago. Diluted loss per share from continuing operations was HKD 0.0176 compared to HKD 0.0186 a year ago.