Smart City Development Holdings Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was HKD 79.8 million compared to HKD 72.89 million a year ago. Net loss was HKD 3.11 million compared to net income of HKD 0.905 million a year ago. Basic loss per share from continuing operations was HKD 0.013 compared to basic earnings per share from continuing operations of HKD 0.0045 a year ago.
For the nine months, sales was HKD 223.18 million compared to HKD 239.55 million a year ago. Net loss was HKD 6.9 million compared to net income of HKD 9.38 million a year ago. Basic loss per share from continuing operations was HKD 0.0317 compared to basic earnings per share from continuing operations of HKD 0.0469 a year ago.