Misc Berhad Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 18, 2021 at 01:33 pm EST
MISC Berhad announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MYR 2,641.6 million compared to MYR 2,375.5 million a year ago. Operating income was MYR 319.3 million compared to MYR 476.7 million a year ago. Net income was MYR 556 million compared to MYR 250 million a year ago. Basic earnings per share from continuing operations was MYR 0.125 compared to MYR 0.056 a year ago. For the full year, sales was MYR 9,401.2 million compared to MYR 8,962.7 million a year ago. Operating income was MYR 2,017.3 million compared to MYR 1,929.3 million a year ago. Net loss was MYR 43 million compared to net income of MYR 1,426.4 million a year ago. Basic loss per share from continuing operations was MYR 0.01 compared to basic earnings per share from continuing operations of MYR 0.32 a year ago.