Formosa Prosonic Industries Berhad reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MYR 153.94 million compared to MYR 180.73 million a year ago. Net income was MYR 32.39 million compared to MYR 8.14 million a year ago. Basic earnings per share from continuing operations was MYR 0.1269 compared to MYR 0.0318 a year ago. Diluted earnings per share from continuing operations was MYR 0.1268 compared to MYR 0.0317 a year ago.
For the full year, sales was MYR 673.88 million compared to MYR 984.02 million a year ago. Net income was MYR 117.32 million compared to MYR 105.98 million a year ago. Basic earnings per share from continuing operations was MYR 0.4587 compared to MYR 0.4156 a year ago. Diluted earnings per share from continuing operations was MYR 0.4583 compared to MYR 0.4143 a year ago.