Farlim Group (Malaysia) Bhd. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 4.75 million compared to MYR 5.92 million a year ago. Net loss was MYR 2.41 million compared to MYR 14.97 million a year ago. Basic loss per share from continuing operations was MYR 0.0157 compared to MYR 0.0978 a year ago. Diluted loss per share from continuing operations was MYR 0.0157 compared to MYR 0.0978 a year ago.
For the full year, sales was MYR 16.79 million compared to MYR 24.91 million a year ago. Net income was MYR 4.31 million compared to net loss of MYR 19.18 million a year ago. Basic earnings per share from continuing operations was MYR 0.0281 compared to basic loss per share from continuing operations of MYR 0.1254 a year ago. Diluted earnings per share from continuing operations was MYR 0.0281 compared to diluted loss per share from continuing operations of MYR 0.1254 a year ago.