Choo Bee Metal Industries 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 103.56 million compared to MYR 98.16 million a year ago. Net loss was MYR 1.27 million compared to MYR 7.45 million a year ago. Basic loss per share from continuing operations was MYR 0.0065 compared to MYR 0.0473 a year ago.
For the full year, sales was MYR 402.11 million compared to MYR 493.11 million a year ago. Net income was MYR 1.13 million compared to MYR 8.14 million a year ago. Basic earnings per share from continuing operations was MYR 0.0058 compared to MYR 0.0517 a year ago.