Mi Technovation 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 96.62 million compared to MYR 117.15 million a year ago. Net income was MYR 11.92 million compared to MYR 17.11 million a year ago. Basic earnings per share from continuing operations was MYR 0.0133 compared to MYR 0.0191 a year ago. Diluted earnings per share from continuing operations was MYR 0.0133 compared to MYR 0.0191 a year ago.
For the full year, sales was MYR 355.96 million compared to MYR 389.48 million a year ago. Net income was MYR 55.2 million compared to MYR 68.86 million a year ago. Basic earnings per share from continuing operations was MYR 0.0617 compared to MYR 0.0769 a year ago. Diluted earnings per share from continuing operations was MYR 0.0616 compared to MYR 0.0767 a year ago.