Micro-Mechanics (Holdings) Ltd. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was SGD 13.5 million compared to SGD 16.72 million a year ago. Net income was SGD 1.41 million compared to SGD 1.9 million a year ago. Basic earnings per share from continuing operations was SGD 0.0102 compared to SGD 0.0136 a year ago. Diluted earnings per share from continuing operations was SGD 0.0102 compared to SGD 0.0136 a year ago.
For the six months, sales was SGD 29.35 million compared to SGD 36.91 million a year ago. Net income was SGD 4.11 million compared to SGD 6.14 million a year ago. Basic earnings per share from continuing operations was SGD 0.0296 compared to SGD 0.0442 a year ago. Diluted earnings per share from continuing operations was SGD 0.0296 compared to SGD 0.0442 a year ago.