Nestcon 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 219.59 million compared to MYR 144.59 million a year ago. Net loss was MYR 0.401 million compared to MYR 18.47 million a year ago. Basic loss per share from continuing operations was MYR 0.0006 compared to MYR 0.0276 a year ago.
For the full year, sales was MYR 775.15 million compared to MYR 461.52 million a year ago. Net income was MYR 3.49 million compared to net loss of MYR 15.35 million a year ago. Basic earnings per share from continuing operations was MYR 0.0051 compared to basic loss per share from continuing operations of MYR 0.0229 a year ago. Diluted earnings per share from continuing operations was MYR 0.0051 compared to diluted loss per share from continuing operations of MYR 0.0229 a year ago.