Southern Cable 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 306.55 million compared to MYR 238.18 million a year ago. Net income was MYR 12.43 million compared to MYR 4.57 million a year ago. Basic earnings per share from continuing operations was MYR 0.0155 compared to MYR 0.0057 a year ago. Diluted earnings per share from continuing operations was MYR 0.0155 compared to MYR 0.0057 a year ago.
For the full year, sales was MYR 1,053.08 million compared to MYR 875.88 million a year ago. Net income was MYR 29.44 million compared to MYR 14.54 million a year ago. Basic earnings per share from continuing operations was MYR 0.0368 compared to MYR 0.0182 a year ago. Diluted earnings per share from continuing operations was MYR 0.0368 compared to MYR 0.0182 a year ago.