Hengyuan Refining Company Berhad reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 4,264.08 million compared to MYR 4,056.64 million a year ago. Net loss was MYR 232.1 million compared to net income of MYR 179.78 million a year ago.

Basic loss per share from continuing operations was MYR 0.7737 compared to basic earnings per share from continuing operations of MYR 0.5993 a year ago.