Solarvest Holdings 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 113.22 million compared to MYR 77.34 million a year ago. Net income was MYR 5.22 million compared to MYR 3.72 million a year ago. Basic earnings per share from continuing operations was MYR 0.0078 compared to MYR 0.0056 a year ago. Diluted earnings per share from continuing operations was MYR 0.0077 compared to MYR 0.0055 a year ago.
For the full year, sales was MYR 365.54 million compared to MYR 175.82 million a year ago. Net income was MYR 19.72 million compared to MYR 6.91 million a year ago. Basic earnings per share from continuing operations was MYR 0.0295 compared to MYR 0.0105 a year ago. Diluted earnings per share from continuing operations was MYR 0.0291 compared to MYR 0.0101 a year ago.