ASL Marine Holdings Ltd. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was SGD 102.23 million compared to SGD 71.85 million a year ago. Net income was SGD 13.97 million compared to net loss of SGD 6.72 million a year ago. Basic earnings per share from continuing operations was SGD 0.0222 compared to basic loss per share from continuing operations of SGD 0.0106 a year ago. Diluted earnings per share from continuing operations was SGD 0.0222 compared to diluted loss per share from continuing operations of SGD 0.0106 a year ago.
For the nine months, sales was SGD 238.91 million compared to SGD 175.71 million a year ago. Net loss was SGD 7.03 million compared to SGD 22.83 million a year ago. Basic loss per share from continuing operations was SGD 0.0111 compared to SGD 0.0362 a year ago. Diluted loss per share from continuing operations was SGD 0.0111 compared to SGD 0.0362 a year ago.