Hoe Leong Corporation Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was SGD 12.94 million compared to SGD 10.89 million a year ago. Net loss was SGD 0.656 million compared to net income of SGD 1.58 million a year ago. Basic loss per share from continuing operations was SGD 0.0001 compared to SGD 0.0001 a year ago. Diluted loss per share from continuing operations was SGD 0.0001 compared to SGD 0.0001 a year ago. Basic loss per share was SGD 0.0001 compared to basic earnings per share of SGD 0.0003 a year ago. Diluted loss per share was SGD 0.0001 compared to diluted earnings per share of SGD 0.0003 a year ago.
For the full year, sales was SGD 45.46 million compared to SGD 43.17 million a year ago. Net income was SGD 2.07 million compared to SGD 2.09 million a year ago. Basic earnings per share from continuing operations was SGD 0.0002 compared to basic loss per share from continuing operations of SGD 0.0001 a year ago. Diluted earnings per share from continuing operations was SGD 0.0001 compared to diluted loss per share from continuing operations of SGD 0.0001 a year ago. Basic earnings per share was SGD 0.0004 compared to SGD 0.0004 a year ago. Diluted earnings per share was SGD 0.0002 compared to SGD 0.0004 a year ago.