Lorenzo International Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was SGD 5.13 million compared to SGD 5.82 million a year ago. Net income was SGD 0.027 million compared to SGD 0.042 million a year ago.
For the nine months, sales was SGD 13.25 million compared to SGD 17.49 million a year ago. Net loss was SGD 0.608 million compared to net income of SGD 0.499 million a year ago. Basic loss per share from continuing operations was SGD 0.0014 compared to basic earnings per share from continuing operations of SGD 0.0011 a year ago. Diluted loss per share from continuing operations was SGD 0.0014 compared to diluted earnings per share from continuing operations of SGD 0.0011 a year ago.