TEE International Limited reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was SGD 16.93 million compared to SGD 4.17 million a year ago. Net income was SGD 5.25 million compared to net loss of SGD 108.58 million a year ago. Basic earnings per share from continuing operations was SGD 0.0081 compared to basic loss per share from continuing operations of SGD 0.1669 a year ago. Diluted earnings per share from continuing operations was SGD 0.0081 compared to diluted loss per share from continuing operations of SGD 0.1669 a year ago. Basic earnings per share was SGD 0.0081 compared to basic loss per share of SGD 0.1679 a year ago. Diluted earnings per share was SGD 0.0081 compared to diluted loss per share of SGD 0.1679 a year ago.
For the nine months, sales was SGD 61 million compared to SGD 93.92 million a year ago. Net income was SGD 38.85 million compared to net loss of SGD 115.51 million a year ago. Basic earnings per share from continuing operations was SGD 0.0601 compared to basic loss per share from continuing operations of SGD 0.1775 a year ago. Diluted earnings per share from continuing operations was SGD 0.0601 compared to diluted loss per share from continuing operations of SGD 0.1775 a year ago. Basic earnings per share was SGD 0.0601 compared to basic loss per share of SGD 0.1786 a year ago. Diluted earnings per share was SGD 0.0601 compared to diluted loss per share of SGD 0.1786 a year ago.