Hwa Tai Industries 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 22.96 million compared to MYR 18.68 million a year ago. Net loss was MYR 1.63 million compared to MYR 1.62 million a year ago. Basic loss per share from continuing operations was MYR 0.0218 compared to MYR 0.0217 a year ago.
For the full year, sales was MYR 76.26 million compared to MYR 73.38 million a year ago. Net loss was MYR 5.84 million compared to MYR 1.92 million a year ago. Basic loss per share from continuing operations was MYR 0.0781 compared to MYR 0.0256 a year ago.