Heng Huat Resources Group Berhad reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was MYR 30.53 million compared to MYR 20.93 million a year ago. Net income was MYR 7.52 million compared to net loss of MYR 2.14 million a year ago. Basic earnings per share from continuing operations was MYR 0.0209 compared to basic loss per share from continuing operations of MYR 0.0092 a year ago. Diluted earnings per share from continuing operations was MYR 0.0191 compared to diluted loss per share from continuing operations of MYR 0.0092 a year ago.
For the full year, sales was MYR 103.5 million compared to MYR 73.59 million a year ago. Net income was MYR 14.48 million compared to net loss of MYR 20.16 million a year ago. Basic earnings per share from continuing operations was MYR 0.043 compared to basic loss per share from continuing operations of MYR 0.152 a year ago. Diluted earnings per share from continuing operations was MYR 0.0391 compared to diluted loss per share from continuing operations of MYR 0.152 a year ago.