TAS Offshore Berhad reported earnings results for the fourth quarter and full year ended May 31, 2023. For the fourth quarter, the company reported sales was MYR 18.29 million compared to MYR 35.06 million a year ago. Net income was MYR 15.71 million compared to MYR 1.31 million a year ago. Basic earnings per share from continuing operations was MYR 0.0878 compared to MYR 0.0073 a year ago.
For the full year, sales was MYR 36.13 million compared to MYR 57.5 million a year ago. Net income was MYR 15.28 million compared to net loss of MYR 1.51 million a year ago. Basic earnings per share from continuing operations was MYR 0.0854 compared to basic loss per share from continuing operations of MYR 0.0086 a year ago.