TEE International Limited reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was SGD 7.38 million compared to SGD 7.35 million a year ago. Net loss was SGD 0.463 million compared to net income of SGD 5.25 million a year ago. Basic loss per share from continuing operations was SGD 0.0007 compared to SGD 0.0101 a year ago. Diluted loss per share from continuing operations was SGD 0.0007 compared to SGD 0.0101 a year ago. Basic loss per share was SGD 0.0007 compared to basic earnings per share of SGD 0.0081 a year ago. Diluted loss per share was SGD 0.0007 compared to diluted earnings per share of SGD 0.0081 a year ago.
For the nine months, sales was SGD 21.6 million compared to SGD 23.45 million a year ago. Net loss was SGD 0.778 million compared to net income of SGD 38.85 million a year ago. Basic earnings per share from continuing operations was SGD 0.001 compared to basic loss per share from continuing operations of SGD 0.0381 a year ago. Diluted earnings per share from continuing operations was SGD 0.001 compared to diluted loss per share from continuing operations of SGD 0.0381 a year ago. Basic loss per share was SGD 0.0012 compared to basic earnings per share of SGD 0.0601 a year ago. Diluted loss per share was SGD 0.0012 compared to diluted earnings per share of SGD 0.0601 a year ago.