China Ocean Group Development Limited announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced sales was HKD 126.906 million compared to HKD 220.856 million a year ago. Operating income was HKD 1.797 million compared to HKD 11.477 million a year ago. Net loss was HKD 4.005 million compared to net income of HKD 5.938 million a year ago. Basic loss per share from continuing operations was HKD 0.0008 compared to basic earnings per share from continuing operations of HKD 0.0014 a year ago.