Xinyi Electric Storage 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 346.81 million compared to HKD 137.23 million a year ago. Net income was HKD 28.61 million compared to HKD 8.64 million a year ago. Basic earnings per share from continuing operations was HKD 0.0388. Diluted earnings per share from continuing operations was HKD 0.0385.
For the nine months, sales was HKD 697.07 million compared to HKD 253.06 million a year ago. Net income was HKD 50.45 million compared to HKD 14.03 million a year ago. Basic earnings per share from continuing operations was HKD 0.0692. Diluted earnings per share from continuing operations was HKD 0.0687.