SMIT Holdings Limited reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 22.47 million compared to USD 29.41 million a year ago. Net loss was USD 13.9 million compared to net income of USD 57.19 million a year ago.

Basic loss per share from continuing operations was USD 0.043 compared to basic earnings per share from continuing operations of USD 0.179 a year ago. Diluted loss per share from continuing operations was USD 0.043 compared to diluted earnings per share from continuing operations of USD 0.177 a year ago.