Grand Power Logistics Group 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 151.18 million compared to HKD 233.34 million a year ago. Net loss was HKD 7.45 million compared to net income of HKD 1.13 million a year ago. Basic loss per share from continuing operations was HKD 0.0248 compared to basic earnings per share from continuing operations of HKD 0.0038 a year ago.
For the nine months, sales was HKD 517.77 million compared to HKD 538.07 million a year ago. Net loss was HKD 8.83 million compared to net income of HKD 14.93 million a year ago. Basic loss per share from continuing operations was HKD 0.0294 compared to basic earnings per share from continuing operations of HKD 0.0503 a year ago.