China Information Technology Development Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was HKD 10.79 million compared to HKD 19.13 million a year ago. Net loss was HKD 10.93 million compared to HKD 4.03 million a year ago. Basic loss per share from continuing operations was HKD 0.177 compared to HKD 0.0782 a year ago.
For the nine months, revenue was HKD 51.16 million compared to HKD 53.87 million a year ago. Net loss was HKD 14.72 million compared to HKD 25.05 million a year ago. Basic loss per share from continuing operations was HKD 0.2532 compared to HKD 0.5545 a year ago.