Magnus Energy Group Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was SGD 6.29 million compared to SGD 3.52 million a year ago. Net loss was SGD 8.86 million compared to SGD 0.936 million a year ago.
For the full year, sales was SGD 18.26 million. Net loss was SGD 7.37 million. Basic loss per share from continuing operations was SGD 0.00058. Diluted loss per share from continuing operations was SGD 0.00058.