TEE International Limited reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was SGD 17.63 million compared to SGD 35.57 million a year ago. Net income was SGD 34.3 million compared to net loss of SGD 6.12 million a year ago. Basic earnings per share from continuing operations was SGD 0.053 compared to basic loss per share from continuing operations of SGD 0.0095 a year ago. Diluted earnings per share from continuing operations was SGD 0.053 compared to diluted loss per share from continuing operations of SGD 0.0095 a year ago. Basic earnings per share was SGD 0.053 compared to basic loss per share of SGD 0.0095 a year ago. Diluted earnings per share was SGD 0.053 compared to diluted loss per share of SGD 0.0095 a year ago.
For the six months, sales was SGD 44.07 million compared to SGD 89.75 million a year ago. Net income was SGD 33.61 million compared to net loss of SGD 6.93 million a year ago. Basic earnings per share from continuing operations was SGD 0.052 compared to basic loss per share from continuing operations of SGD 0.0106 a year ago. Diluted earnings per share from continuing operations was SGD 0.052 compared to diluted loss per share from continuing operations of SGD 0.0106 a year ago. Basic earnings per share was SGD 0.052 compared to basic loss per share of SGD 0.0107 a year ago. Diluted earnings per share was SGD 0.052 compared to diluted loss per share of SGD 0.0107 a year ago.