Favelle Favco Berhad reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was MYR 125.79 million compared to MYR 92.03 million a year ago. Net income was MYR 10.61 million compared to MYR 6.04 million a year ago.

Basic earnings per share from continuing operations was MYR 0.0454 compared to MYR 0.027 a year ago. Diluted earnings per share from continuing operations was MYR 0.0446 compared to MYR 0.0269 a year ago.