Shen Yao Holdings Limited reported earnings results for the fourth quarter and full year ended June 30, 2022. For the fourth quarter, the company reported sales was SGD 22.82 million compared to SGD 24.2 million a year ago. Net income was SGD 0.452 million compared to net loss of SGD 22.01 million a year ago. Basic earnings per share from continuing operations was SGD 0.00001 compared to basic loss per share from continuing operations of SGD 0.00068 a year ago. Diluted earnings per share from continuing operations was SGD 0.00001 compared to diluted loss per share from continuing operations of SGD 0.00068 a year ago.
For the full year, sales was SGD 83.48 million compared to SGD 88.72 million a year ago. Net income was SGD 8.07 million compared to net loss of SGD 20.15 million a year ago. Basic earnings per share from continuing operations was SGD 0.00024 compared to basic loss per share from continuing operations of SGD 0.00062 a year ago. Diluted earnings per share from continuing operations was SGD 0.00022 compared to diluted loss per share from continuing operations of SGD 0.00062 a year ago.