Cabnet Holdings 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 20.11 million compared to MYR 10.02 million a year ago. Net income was MYR 0.42 million compared to net loss of MYR 3.56 million a year ago. Basic earnings per share from continuing operations was MYR 0.0023 compared to basic loss per share from continuing operations of MYR 0.0166 a year ago. Diluted earnings per share from continuing operations was MYR 0.0023 compared to diluted loss per share from continuing operations of MYR 0.0166 a year ago.
For the full year, sales was MYR 67.91 million compared to MYR 42.17 million a year ago. Net income was MYR 1.22 million compared to net loss of MYR 4.51 million a year ago. Basic earnings per share from continuing operations was MYR 0.0068 compared to basic loss per share from continuing operations of MYR 0.0252 a year ago. Diluted earnings per share from continuing operations was MYR 0.0068 compared to diluted loss per share from continuing operations of MYR 0.0252 a year ago.