Protasco Berhad reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 305.79 million compared to MYR 406.01 million a year ago. Net loss was MYR 20.76 million compared to net income of MYR 7.24 million a year ago. Basic loss per share from continuing operations was MYR 0.0431 compared to basic earnings per share from continuing operations of MYR 0.0151 a year ago.
For the full year, sales was MYR 881.47 million compared to MYR 1,112.85 million a year ago. Net loss was MYR 30.63 million compared to net income of MYR 16.7 million a year ago. Basic loss per share from continuing operations was MYR 0.0636 compared to basic earnings per share from continuing operations of MYR 0.0347 a year ago.