MHC Plantations Bhd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MYR 128.26 million compared to MYR 119.57 million a year ago. Net income was MYR 6.85 million compared to MYR 0.218 million a year ago. Basic earnings per share from continuing operations was MYR 0.0348 compared to MYR 0.0011 a year ago.
For the full year, sales was MYR 477.44 million compared to MYR 593.27 million a year ago. Net income was MYR 22.03 million compared to MYR 34.62 million a year ago. Basic earnings per share from continuing operations was MYR 0.1121 compared to MYR 0.1762 a year ago.