Ivory Properties Group Berhad reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported negative sales was MYR 11.61 million compared to sales of MYR 14.24 million a year ago. Net loss was MYR 40.97 million compared to MYR 33.21 million a year ago. Basic loss per share from continuing operations was MYR 0.0836 compared to MYR 0.0678 a year ago.
For the full year, negative sales was MYR 18.18 million compared to sales of MYR 25.72 million a year ago. Net loss was MYR 118.77 million compared to MYR 79.51 million a year ago. Basic loss per share from continuing operations was MYR 0.2424 compared to MYR 0.1622 a year ago.