Smart City Development Holdings Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was HKD 72.89 million compared to HKD 123.18 million a year ago. Net income was HKD 0.905 million compared to net loss of HKD 2.15 million a year ago. Basic earnings per share from continuing operations was HKD 0.0045 compared to basic loss per share from continuing operations of HKD 0.0107 a year ago. Diluted earnings per share from continuing operations was HKD 0.0045 compared to diluted loss per share from continuing operations of HKD 0.0107 a year ago.
For the nine months, sales was HKD 239.55 million compared to HKD 310.22 million a year ago. Net income was HKD 9.38 million compared to HKD 1.73 million a year ago. Basic earnings per share from continuing operations was HKD 0.0469 compared to HKD 0.0086 a year ago. Diluted earnings per share from continuing operations was HKD 0.0469 compared to HKD 0.0086 a year ago.