SMIT Holdings Limited reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 29.41 million compared to USD 36.25 million a year ago. Net income was USD 57.19 million compared to USD 9.84 million a year ago.

Basic earnings per share from continuing operations was USD 0.179 compared to USD 0.031 a year ago. Diluted earnings per share from continuing operations was USD 0.177 compared to USD 0.03 a year ago.