Steed Oriental (Holdings) Company Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was HKD 77.62 million compared to HKD 53.73 million a year ago. Net income was HKD 2.11 million compared to net loss of HKD 5.56 million a year ago. Basic earnings per share from continuing operations was HKD 0.0081 compared to basic loss per share from continuing operations of HKD 0.0254 a year ago.
For the nine months, sales was HKD 210.82 million compared to HKD 133.43 million a year ago. Net income was HKD 2.2 million compared to net loss of HKD 16.89 million a year ago. Basic earnings per share from continuing operations was HKD 0.0086 compared to basic loss per share from continuing operations of HKD 0.0772 a year ago.