Xinyi Electric Storage Holdings Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was HKD 411.23 million compared to HKD 346.81 million a year ago. Net income was HKD 34.55 million compared to HKD 28.61 million a year ago. Basic earnings per share from continuing operations was HKD 0.044 compared to HKD 0.0388 a year ago. Diluted earnings per share from continuing operations was HKD 0.0439 compared to HKD 0.0385 a year ago.
For the nine months, sales was HKD 962.65 million compared to HKD 697.07 million a year ago. Net income was HKD 48.08 million compared to HKD 50.45 million a year ago. Basic earnings per share from continuing operations was HKD 0.0612 compared to HKD 0.0692 a year ago. Diluted earnings per share from continuing operations was HKD 0.0609 compared to HKD 0.0687 a year ago.