Steed Oriental (Holdings) Company Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was HKD 0.404 million compared to HKD 17.16 million a year ago. Net loss was HKD 5.3 million compared to net income of HKD 2.11 million a year ago. Basic loss per share from continuing operations was HKD 0.0202 compared to HKD 0.0064 a year ago. Basic loss per share was HKD 0.0202 compared to basic earnings per share of HKD 0.0081 a year ago.
For the nine months, sales was HKD 18.84 million compared to HKD 65.57 million a year ago. Net loss was HKD 10.52 million compared to net income of HKD 2.2 million a year ago. Basic loss per share from continuing operations was HKD 0.086 compared to HKD 0.0128 a year ago. Basic loss per share was HKD 0.0401 compared to basic earnings per share of HKD 0.0086 a year ago.