Lorenzo International Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was SGD 4.03 million compared to SGD 5.71 million a year ago. Net loss was SGD 0.377 million compared to net income of SGD 0.096 million a year ago.

Basic loss per share from continuing operations was SGD 0.0009 compared to basic earnings per share from continuing operations of SGD 0.0002 a year ago. Diluted loss per share from continuing operations was SGD 0.0009 compared to diluted earnings per share from continuing operations of SGD 0.0002 a year ago.