COSCO SHIPPING International (Singapore) Co., Ltd. reported earnings results for the second half and full year ended December 31, 2022. For the second half, the company reported sales was SGD 93.19 million compared to SGD 103.59 million a year ago. Net loss was SGD 94.8 million compared to net income of SGD 23.28 million a year ago. Basic loss per share from continuing operations was SGD 0.0423 compared to basic earnings per share from continuing operations of SGD 0.0104 a year ago. Diluted loss per share from continuing operations was SGD 0.0423 compared to diluted earnings per share from continuing operations of SGD 0.0104 a year ago.

For the full year, the company reported sales was SGD 185.64 million compared to SGD 198.46 million a year ago. Net loss was SGD 88.6 million compared to net income of SGD 30.11 million a year ago. Basic loss per share from continuing operations was SGD 0.0396 compared to basic earnings per share from continuing operations of SGD 0.0134 a year ago. Diluted loss per share from continuing operations was SGD 0.0396 compared to diluted earnings per share from continuing operations of SGD 0.0134 a year ago.