Northeast Electric Development Company Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CNY 32.05 million compared to CNY 33.25 million a year ago. Revenue was CNY 32.05 million compared to CNY 33.25 million a year ago. Net loss was CNY 0.214234 million compared to net income of CNY 35.68 million a year ago. Basic loss per share from continuing operations was CNY 0.0002 compared to basic earnings per share from continuing operations of CNY 0.0409 a year ago. Diluted loss per share from continuing operations was CNY 0.0002 compared to diluted earnings per share from continuing operations of CNY 0.0409 a year ago.
For the nine months, sales was CNY 68.45 million compared to CNY 61.7 million a year ago. Revenue was CNY 68.45 million compared to CNY 61.7 million a year ago. Net loss was CNY 17.99 million compared to net income of CNY 23.86 million a year ago. Basic loss per share from continuing operations was CNY 0.0207 compared to basic earnings per share from continuing operations of CNY 0.0273 a year ago. Diluted loss per share from continuing operations was CNY 0.0207 compared to diluted earnings per share from continuing operations of CNY 0.0273 a year ago.