Smart City Development Holdings Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was HKD 68.76 million compared to HKD 74.03 million a year ago. Net loss was HKD 3.72 million compared to net income of HKD 2.7 million a year ago. Basic loss per share from continuing operations was HKD 0.0186 compared to basic earnings per share from continuing operations of HKD 0.0135 a year ago. Diluted loss per share from continuing operations was HKD 0.0186 compared to diluted earnings per share from continuing operations of HKD 0.0135 a year ago.