Steed Oriental (Holdings) Company 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 9.46 million compared to HKD 24.63 million a year ago. Net loss was HKD 2.4 million compared to net income of HKD 3.91 million a year ago. Basic loss per share from continuing operations was HKD 0.0091 compared to basic earnings per share from continuing operations of HKD 0.0016 a year ago. Basic loss per share was HKD 0.0091 compared to basic earnings per share of HKD 0.0149 a year ago.
For the six months, sales was HKD 18.43 million compared to HKD 48.4 million a year ago. Net loss was HKD 5.23 million compared to net income of HKD 0.083 million a year ago. Basic loss per share from continuing operations was HKD 0.0658 compared to HKD 0.0064 a year ago. Basic loss per share was HKD 0.0199 compared to basic earnings per share of HKD 0.0003 a year ago.