QES Group 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 62.3 million compared to MYR 72.97 million a year ago. Net income was MYR 2.52 million compared to MYR 5.46 million a year ago. Basic earnings per share from continuing operations was MYR 0.003 compared to MYR 0.0065 a year ago. Diluted earnings per share from continuing operations was MYR 0.003 compared to MYR 0.0065 a year ago.
For the full year, sales was MYR 240.67 million compared to MYR 264.41 million a year ago. Net income was MYR 18.47 million compared to MYR 26.42 million a year ago. Basic earnings per share from continuing operations was MYR 0.0221 compared to MYR 0.0317 a year ago. Diluted earnings per share from continuing operations was MYR 0.0221 compared to MYR 0.0317 a year ago.