Micro-Mechanics (Holdings) Ltd. reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was SGD 16.72 million compared to SGD 20.37 million a year ago. Net income was SGD 1.9 million compared to SGD 4.56 million a year ago. Basic earnings per share from continuing operations was SGD 0.0136 compared to SGD 0.0328 a year ago. Diluted earnings per share from continuing operations was SGD 0.0136 compared to SGD 0.0328 a year ago.
For the six months, sales was SGD 36.91 million compared to SGD 40.83 million a year ago. Net income was SGD 6.14 million compared to SGD 9.53 million a year ago. Basic earnings per share from continuing operations was SGD 0.0442 compared to SGD 0.0685 a year ago. Diluted earnings per share from continuing operations was SGD 0.0442 compared to SGD 0.0685 a year ago.