Emerging Towns & Cities Singapore Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SGD 17.15 million compared to SGD 6.47 million a year ago. Net loss was SGD 2.65 million compared to SGD 8.66 million a year ago. Basic loss per share from continuing operations was SGD 0.0027 compared to SGD 0.0088 a year ago. Diluted loss per share from continuing operations was SGD 0.0027 compared to SGD 0.0088 a year ago.
For the full year, sales was SGD 44.18 million compared to SGD 18.25 million a year ago. Net loss was SGD 11.63 million compared to SGD 21.12 million a year ago. Basic loss per share from continuing operations was SGD 0.0118 compared to SGD 0.0215 a year ago. Diluted loss per share from continuing operations was SGD 0.0118 compared to SGD 0.0215 a year ago.