South China Assets Holdings Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was HKD 703,000 compared to HKD 259,000 a year ago. Operating income was HKD 59.192 million compared to operating loss of HKD 850,000 a year ago. Net income was HKD 56.404 million compared to net loss of HKD 4.082 million a year ago. Basic earnings per share from continuing operations was HKD 0.0051 compared to basic loss per share from continuing operations of HKD 0.0004 a year ago. For the nine months, sales was HKD 3.752 million compared to HKD 9.095 million a year ago. Operating income was HKD 53.062 million compared to operating loss of HKD 5.353 million a year ago. Net income was HKD 44.124 million compared to net loss of HKD 17.045 million a year ago. Basic earnings per share from continuing operations was HKD 0.004 compared to basic loss per share from continuing operations of HKD 0.0015 a year ago.