Smart City Development Holdings Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was HKD 74.63 million compared to HKD 92.62 million a year ago. Net loss was HKD 0.066 million compared to net income of HKD 5.78 million a year ago. Basic loss per share from continuing operations was HKD 0.0003 compared to basic earnings per share from continuing operations of HKD 0.0289 a year ago. Diluted loss per share from continuing operations was HKD 0.0003 compared to diluted earnings per share from continuing operations of HKD 0.0289 a year ago.
For the six months, sales was HKD 143.39 million compared to HKD 166.66 million a year ago. Net loss was HKD 3.79 million compared to net income of HKD 8.48 million a year ago. Basic loss per share from continuing operations was HKD 0.0189 compared to basic earnings per share from continuing operations of HKD 0.0424 a year ago. Diluted loss per share from continuing operations was HKD 0.0189 compared to diluted earnings per share from continuing operations of HKD 0.0424 a year ago.