Mieco Chipboard 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 112.13 million compared to MYR 65.63 million a year ago. Net loss was MYR 15.92 million compared to MYR 27.33 million a year ago. Basic loss per share from continuing operations was MYR 0.0159 compared to MYR 0.0273 a year ago. Diluted loss per share from continuing operations was MYR 0.0159 compared to MYR 0.0273 a year ago.
For the full year, sales was MYR 361.01 million compared to MYR 328.26 million a year ago. Net loss was MYR 64.35 million compared to MYR 33.72 million a year ago. Basic loss per share from continuing operations was MYR 0.0644 compared to MYR 0.0337 a year ago. Diluted loss per share from continuing operations was MYR 0.0644 compared to MYR 0.0337 a year ago.