APM Automotive Holdings Berhad reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MYR 470.47 million compared to MYR 468.93 million a year ago. Net income was MYR 22.06 million compared to MYR 8.12 million a year ago. Basic earnings per share from continuing operations was MYR 0.1128 compared to MYR 0.0415 a year ago.
For the full year, sales was MYR 1,926.42 million compared to MYR 1,739.17 million a year ago. Net income was MYR 60.44 million compared to MYR 26.4 million a year ago. Basic earnings per share from continuing operations was MYR 0.3091 compared to MYR 0.135 a year ago.