Magma Group Berhad reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported negative sales was MYR 2.46 million compared to sales of MYR 2.59 million a year ago. Net loss was MYR 3.19 million compared to MYR 5.57 million a year ago.

Basic loss per share from continuing operations was MYR 0.00378 compared to MYR 0.00419 a year ago.