Lorenzo International Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was SGD 5.82 million compared to SGD 7.68 million a year ago. Net income was SGD 0.042 million compared to SGD 1.29 million a year ago.
For the nine months, sales was SGD 17.49 million compared to SGD 16.74 million a year ago. Net income was SGD 0.499 million compared to SGD 10.46 million a year ago. Basic earnings per share from continuing operations was SGD 0.0011 compared to SGD 0.0238 a year ago. Diluted earnings per share from continuing operations was SGD 0.0011 compared to SGD 0.0238 a year ago.