China Information Technology Development Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was HKD 7.39 million compared to HKD 13.85 million a year ago. Net loss was HKD 0.758 million compared to HKD 17.15 million a year ago. Basic loss per share from continuing operations was HKD 0.0124 compared to HKD 0.3458 a year ago.
For the six months, revenue was HKD 40.37 million compared to HKD 34.74 million a year ago. Net loss was HKD 3.79 million compared to HKD 21.03 million a year ago. Basic loss per share from continuing operations was HKD 0.0672 compared to HKD 0.5007 a year ago.