JAKS Resources Berhad reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MYR 10.33 million compared to MYR 50.71 million a year ago. Net loss was MYR 24.81 million compared to MYR 2.96 million a year ago. Basic loss per share from continuing operations was MYR 0.0111 compared to MYR 0.0014 a year ago. Diluted loss per share from continuing operations was MYR 0.0111 compared to MYR 0.0014 a year ago.
For the full year, sales was MYR 37.79 million compared to MYR 94.65 million a year ago. Net income was MYR 15.53 million compared to MYR 53.78 million a year ago. Basic earnings per share from continuing operations was MYR 0.007 compared to MYR 0.0262 a year ago. Diluted earnings per share from continuing operations was MYR 0.007 compared to MYR 0.0261 a year ago.