Lippo Malls Indonesia Retail Trust reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SGD 47.89 million compared to SGD 50.37 million a year ago. Net loss was SGD 127.73 million compared to net income of SGD 28.95 million a year ago. Basic loss per share from continuing operations was SGD 0.0166 compared to basic earnings per share from continuing operations of SGD 0.0036 a year ago.
For the full year, sales was SGD 197.27 million compared to SGD 204.71 million a year ago. Net loss was SGD 125.99 million compared to net income of SGD 1.58 million a year ago. Basic loss per share from continuing operations was SGD 0.0164 compared to SGD 0.0017 a year ago.