Malakoff Corporation 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 2,262.42 million compared to MYR 2,972.72 million a year ago. Net loss was MYR 357.12 million compared to net income of MYR 41.86 million a year ago. Basic loss per share from continuing operations was MYR 0.0731 compared to basic earnings per share from continuing operations of MYR 0.0086 a year ago.
For the full year, sales was MYR 9,066.95 million compared to MYR 10,355.15 million a year ago. Net loss was MYR 837.16 million compared to net income of MYR 302.23 million a year ago. Basic loss per share from continuing operations was MYR 0.181 compared to basic earnings per share from continuing operations of MYR 0.0522 a year ago.