Magnus Energy Group Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was SGD 3.1 million compared to SGD 2.46 million a year ago. Net income was SGD 0.974 million compared to net loss of SGD 0.248 million a year ago. Basic earnings per share from continuing operations was SGD 0.0001. Diluted earnings per share from continuing operations was SGD 0.0001.