Kim Hin Joo (Malaysia) 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 24.49 million compared to MYR 29.08 million a year ago. Net loss was MYR 1.11 million compared to net income of MYR 0.527 million a year ago. Basic loss per share from continuing operations was MYR 0.0029 compared to basic earnings per share from continuing operations of MYR 0.0014 a year ago.
For the full year, sales was MYR 95.8 million compared to MYR 104.64 million a year ago. Net loss was MYR 0.788 million compared to net income of MYR 4.84 million a year ago. Basic loss per share from continuing operations was MYR 0.0021 compared to basic earnings per share from continuing operations of MYR 0.0127 a year ago.