Quality Concrete Holdings Berhad reported earnings results for the fourth quarter and full year ended January 31, 2023. For the fourth quarter, the company reported sales was MYR 47.16 million compared to MYR 49.38 million a year ago. Net loss was MYR 6.59 million compared to net income of MYR 0.882 million a year ago. Basic loss per share from continuing operations was MYR 0.1136 compared to basic earnings per share from continuing operations of MYR 0.0152 a year ago. Diluted loss per share from continuing operations was MYR 0.1136 compared to diluted earnings per share from continuing operations of MYR 0.0152 a year ago.
For the full year, sales was MYR 209.03 million compared to MYR 202.64 million a year ago. Net loss was MYR 2.44 million compared to net income of MYR 4.45 million a year ago. Basic loss per share from continuing operations was MYR 0.0422 compared to basic earnings per share from continuing operations of MYR 0.0767 a year ago. Diluted loss per share from continuing operations was MYR 0.0422 compared to diluted earnings per share from continuing operations of MYR 0.0767 a year ago.