Shangri-La Hotels (Malaysia) 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 138.5 million compared to MYR 119.71 million a year ago. Net loss was MYR 10.18 million compared to MYR 31.81 million a year ago. Basic loss per share from continuing operations was MYR 0.0231 compared to MYR 0.0723 a year ago.
For the full year, sales was MYR 503.76 million compared to MYR 363.43 million a year ago. Net income was MYR 16.02 million compared to net loss of MYR 40.71 million a year ago. Basic earnings per share from continuing operations was MYR 0.0364 compared to basic loss per share from continuing operations of MYR 0.0925 a year ago.