SBC Corporation Berhad reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was MYR 20.82 million compared to MYR 39.84 million a year ago. Net loss was MYR 1.14 million compared to net income of MYR 9.14 million a year ago. Basic loss per share from continuing operations was MYR 0.0044 compared to basic earnings per share from continuing operations of MYR 0.0354 a year ago. Diluted loss per share from continuing operations was MYR 0.0044 compared to diluted earnings per share from continuing operations of MYR 0.0354 a year ago.
For the full year, sales was MYR 56.96 million compared to MYR 116.07 million a year ago. Net loss was MYR 0.327 million compared to net income of MYR 14.14 million a year ago. Basic loss per share from continuing operations was MYR 0.0013 compared to basic earnings per share from continuing operations of MYR 0.0548 a year ago. Diluted loss per share from continuing operations was MYR 0.0013 compared to diluted earnings per share from continuing operations of MYR 0.0548 a year ago.