Focus Lumber Berhad reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 8.35 million compared to MYR 55.22 million a year ago. Net loss was MYR 1.72 million compared to net income of MYR 12.47 million a year ago. Basic loss per share from continuing operations was MYR 0.0082 compared to basic earnings per share from continuing operations of MYR 0.0612 a year ago.
For the full year, sales was MYR 134.82 million compared to MYR 133.98 million a year ago. Net income was MYR 27.56 million compared to MYR 15.4 million a year ago. Basic earnings per share from continuing operations was MYR 0.1347 compared to MYR 0.0756 a year ago. Diluted earnings per share from continuing operations was MYR 0.1328 compared to MYR 0.0756 a year ago.