ZACD Group Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SGD 0.961 million compared to SGD 1.78 million a year ago. Net loss was SGD 0.469 million compared to net income of SGD 7.93 million a year ago. Basic loss per share from continuing operations was SGD 0.0002 compared to basic earnings per share from continuing operations of SGD 0.004 a year ago. Diluted loss per share from continuing operations was SGD 0.0002 compared to diluted earnings per share from continuing operations of SGD 0.004 a year ago.
For the nine months, sales was SGD 2.95 million compared to SGD 3.63 million a year ago. Net loss was SGD 1 million compared to net income of SGD 6.77 million a year ago. Basic loss per share from continuing operations was SGD 0.0005 compared to basic earnings per share from continuing operations of SGD 0.0034 a year ago. Diluted loss per share from continuing operations was SGD 0.0005 compared to diluted earnings per share from continuing operations of SGD 0.0034 a year ago.