Malayan Cement 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 1,010.51 million compared to MYR 804.76 million a year ago. Net income was MYR 79.55 million compared to MYR 34.13 million a year ago. Basic earnings per share from continuing operations was MYR 0.0607 compared to MYR 0.0261 a year ago. Diluted earnings per share from continuing operations was MYR 0.0442 compared to MYR 0.0192 a year ago.
For the full year, sales was MYR 3,757.05 million compared to MYR 2,705.27 million a year ago. Net income was MYR 159.04 million compared to MYR 83.55 million a year ago. Basic earnings per share from continuing operations was MYR 0.1214 compared to MYR 0.0682 a year ago. Diluted earnings per share from continuing operations was MYR 0.0895 compared to MYR 0.0527 a year ago.