Borneo Oil 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 14.57 million compared to MYR 35.72 million a year ago. Net loss was MYR 13.09 million compared to net income of MYR 5.2 million a year ago. Basic loss per share from continuing operations was MYR 0.0013 compared to basic earnings per share from continuing operations of MYR 0.0007 a year ago.
For the full year, sales was MYR 85.49 million compared to MYR 87.49 million a year ago. Net loss was MYR 13.32 million compared to net income of MYR 54.1 million a year ago. Basic loss per share from continuing operations was MYR 0.0014 compared to basic earnings per share from continuing operations of MYR 0.0067 a year ago.