IOI Corporation Berhad reported earnings results for the fourth quarter and full year ended June 30, 2023. For the fourth quarter, the company reported sales was MYR 1,950.7 million compared to MYR 3,736.1 million a year ago. Net income was MYR 37.2 million compared to MYR 541.8 million a year ago. Basic earnings per share from continuing operations was MYR 0.006 compared to MYR 0.0872 a year ago. Diluted earnings per share from continuing operations was MYR 0.006 compared to MYR 0.0872 a year ago.
For the full year, sales was MYR 11,583.8 million compared to MYR 15,578.7 million a year ago. Net income was MYR 1,114.2 million compared to MYR 1,725.3 million a year ago. Basic earnings per share from continuing operations was MYR 0.1795 compared to MYR 0.2774 a year ago. Diluted earnings per share from continuing operations was MYR 0.1795 compared to MYR 0.2774 a year ago.