Lion Industries Corporation Berhad reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was MYR 513.94 million compared to MYR 681.93 million a year ago. Net loss was MYR 21.8 million compared to MYR 24.6 million a year ago.

Basic loss per share from continuing operations was MYR 0.032 compared to MYR 0.0361 a year ago. Diluted loss per share from continuing operations was MYR 0.032 compared to MYR 0.0361 a year ago.