Simplicity Holding Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was HKD 15.28 million compared to HKD 24.52 million a year ago. Net loss was HKD 9.5 million compared to net income of HKD 11.6 million a year ago.

Basic loss per share from continuing operations was HKD 0.0099 compared to basic earnings per share from continuing operations of HKD 0.0121 a year ago.