Karex 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 134.87 million compared to MYR 122.65 million a year ago. Net income was MYR 3.94 million compared to net loss of MYR 3.4 million a year ago. Basic earnings per share from continuing operations was MYR 0.0037 compared to basic loss per share from continuing operations of MYR 0.0032 a year ago. Diluted earnings per share from continuing operations was MYR 0.0037 compared to diluted loss per share from continuing operations of MYR 0.0032 a year ago.
For the full year, sales was MYR 532.07 million compared to MYR 421.64 million a year ago. Net income was MYR 10.48 million compared to net loss of MYR 6.19 million a year ago. Basic earnings per share from continuing operations was MYR 0.0099 compared to basic loss per share from continuing operations of MYR 0.0059 a year ago. Diluted earnings per share from continuing operations was MYR 0.0099 compared to diluted loss per share from continuing operations of MYR 0.0059 a year ago.