China Ocean Group Development 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 18.59 million compared to HKD 95.26 million a year ago. Net loss was HKD 9.48 million compared to HKD 18.35 million a year ago. Basic loss per share from continuing operations was HKD 0.0019 compared to HKD 0.0042 a year ago. Diluted loss per share from continuing operations was HKD 0.0019 compared to HKD 0.0042 a year ago.
For the nine months, sales was HKD 243.03 million compared to HKD 475.63 million a year ago. Net loss was HKD 17.76 million compared to HKD 5.42 million a year ago. Basic loss per share from continuing operations was HKD 0.0036 compared to HKD 0.0013 a year ago.