Muhibbah Engineering (M) Bhd. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 261.09 million compared to MYR 302.16 million a year ago. Net loss was MYR 18.37 million compared to MYR 11.19 million a year ago. Basic loss per share from continuing operations was MYR 0.0253 compared to MYR 0.0231 a year ago. Diluted loss per share from continuing operations was MYR 0.0253 compared to MYR 0.0231 a year ago.
For the full year, sales was MYR 885.76 million compared to MYR 1,003.67 million a year ago. Net loss was MYR 17.84 million compared to MYR 3.42 million a year ago. Basic loss per share from continuing operations was MYR 0.0275 compared to MYR 0.0071 a year ago. Diluted loss per share from continuing operations was MYR 0.0275 compared to MYR 0.0071 a year ago.