Vertical International Holdings Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was HKD 21.03 million compared to HKD 37.1 million a year ago. Net loss was HKD 2.35 million compared to net income of HKD 1.6 million a year ago. Basic loss per share from continuing operations was HKD 0.0082 compared to basic earnings per share from continuing operations of HKD 0.0083 a year ago.
For the nine months, sales was HKD 66.3 million compared to HKD 102.99 million a year ago. Net loss was HKD 8.66 million compared to net income of HKD 4.31 million a year ago. Basic loss per share from continuing operations was HKD 0.0314 compared to basic earnings per share from continuing operations of HKD 0.0221 a year ago.