TEE International Limited reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was SGD 7.23 million compared to SGD 8.11 million a year ago. Net loss was SGD 2.44 million compared to net income of SGD 34.3 million a year ago. Basic loss per share from continuing operations was SGD 0.0014. Diluted loss per share from continuing operations was SGD 0.0014. Basic loss per share was SGD 0.0038 compared to basic earnings per share of SGD 0.053 a year ago. Diluted loss per share was SGD 0.0038 compared to diluted earnings per share of SGD 0.053 a year ago.
For the six months, sales was SGD 14.23 million compared to SGD 16.11 million a year ago. Net loss was SGD 0.315 million compared to net income of SGD 33.61 million a year ago. Basic earnings per share from continuing operations was SGD 0.0018. Diluted earnings per share from continuing operations was SGD 0.0018. Basic loss per share was SGD 0.0005 compared to basic earnings per share of SGD 0.052 a year ago. Diluted loss per share was SGD 0.0005 compared to diluted earnings per share of SGD 0.052 a year ago.