Lorenzo International Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was SGD 5 million compared to SGD 6.68 million a year ago. Net loss was SGD 0.671 million compared to SGD 0.218 million a year ago.
For the full year, sales was SGD 22.49 million compared to SGD 23.41 million a year ago. Net loss was SGD 0.172 million compared to net income of SGD 10.24 million a year ago. Basic loss per share from continuing operations was SGD 0.0004 compared to basic earnings per share from continuing operations of SGD 0.0233 a year ago. Diluted loss per share from continuing operations was SGD 0.0004 compared to diluted earnings per share from continuing operations of SGD 0.0233 a year ago.