Bumi Armada 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 622.98 million compared to MYR 605.03 million a year ago. Net loss was MYR 165.49 million compared to net income of MYR 210.68 million a year ago. Basic loss per share from continuing operations was MYR 0.028 compared to basic earnings per share from continuing operations of MYR 0.0356 a year ago. Diluted loss per share from continuing operations was MYR 0.028 compared to diluted earnings per share from continuing operations of MYR 0.0356 a year ago.
For the full year, sales was MYR 2,133.09 million compared to MYR 2,405.54 million a year ago. Net income was MYR 332.06 million compared to MYR 732.41 million a year ago. Basic earnings per share from continuing operations was MYR 0.0561 compared to MYR 0.1238 a year ago. Diluted earnings per share from continuing operations was MYR 0.0561 compared to MYR 0.1238 a year ago.