Matang 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 2.38 million compared to MYR 5.47 million a year ago. Net loss was MYR 1.01 million compared to net income of MYR 0.826 million a year ago. Basic loss per share from continuing operations was MYR 0.0004 compared to basic earnings per share from continuing operations of MYR 0.0004 a year ago. Diluted loss per share from continuing operations was MYR 0.0004 compared to diluted earnings per share from continuing operations of MYR 0.0004 a year ago.
For the full year, sales was MYR 14.33 million compared to MYR 17.63 million a year ago. Net income was MYR 2.63 million compared to MYR 5.69 million a year ago. Basic earnings per share from continuing operations was MYR 0.0011 compared to MYR 0.0026 a year ago. Diluted earnings per share from continuing operations was MYR 0.0011 compared to MYR 0.0026 a year ago.