Micro-Mechanics (Holdings) Ltd. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was SGD 14.91 million compared to SGD 19.66 million a year ago. Net income was SGD 1.64 million compared to SGD 4.41 million a year ago. Basic earnings per share from continuing operations was SGD 0.0118 compared to SGD 0.0318 a year ago. Diluted earnings per share from continuing operations was SGD 0.0118 compared to SGD 0.0318 a year ago.
For the nine months, sales was SGD 51.83 million compared to SGD 60.5 million a year ago. Net income was SGD 7.78 million compared to SGD 13.94 million a year ago. Basic earnings per share from continuing operations was SGD 0.056 compared to SGD 0.1003 a year ago. Diluted earnings per share from continuing operations was SGD 0.056 compared to SGD 0.1003 a year ago.