Lysaght Galvanized Steel 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 23.3 million compared to MYR 15.93 million a year ago. Net income was MYR 3.23 million compared to MYR 1.87 million a year ago. Basic earnings per share from continuing operations was MYR 0.0776 compared to MYR 0.045 a year ago.
For the full year, sales was MYR 84.32 million compared to MYR 70.41 million a year ago. Net income was MYR 11.25 million compared to MYR 7.09 million a year ago. Basic earnings per share from continuing operations was MYR 0.2705 compared to MYR 0.1705 a year ago.