Boustead Heavy Industries Corporation Berhad reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was MYR 39.96 million compared to MYR 27.53 million a year ago. Net loss was MYR 8.18 million compared to MYR 74.51 million a year ago. Basic loss per share from continuing operations was MYR 0.0329 compared to MYR 0.2999 a year ago.
For the full year, sales was MYR 149.38 million compared to MYR 145.2 million a year ago. Net income was MYR 14.99 million compared to net loss of MYR 50.58 million a year ago. Basic earnings per share from continuing operations was MYR 0.0603 compared to basic loss per share from continuing operations of MYR 0.2036 a year ago.