KESM Industries Berhad reported earnings results for the fourth quarter and full year ended July 31, 2023. For the fourth quarter, the company reported sales was MYR 61.69 million compared to MYR 55.66 million a year ago. Net income was MYR 0.316 million compared to net loss of MYR 2.5 million a year ago. Basic earnings per share from continuing operations was MYR 0.007 compared to basic loss per share from continuing operations of MYR 0.058 a year ago.
For the full year, sales was MYR 228.28 million compared to MYR 246.74 million a year ago. Net loss was MYR 3.13 million compared to net income of MYR 1.67 million a year ago. Basic loss per share from continuing operations was MYR 0.073 compared to basic earnings per share from continuing operations of MYR 0.039 a year ago.