Kobay Technology Bhd. reported earnings results for the fourth quarter and full year ended June 30, 2023. For the fourth quarter, the company reported sales was MYR 68.67 million compared to MYR 95.14 million a year ago. Net income was MYR 0.613 million compared to MYR 12.02 million a year ago. Basic earnings per share from continuing operations was MYR 0.0019 compared to MYR 0.0385 a year ago.
For the full year, sales was MYR 313.89 million compared to MYR 354.18 million a year ago. Net income was MYR 28.08 million compared to MYR 51.37 million a year ago. Basic earnings per share from continuing operations was MYR 0.0877 compared to MYR 0.1646 a year ago.