Vsolar Group Berhad reported earnings results for the fourth quarter and full year ended June 30, 2023. For the fourth quarter, the company reported sales was MYR 0.835 million compared to MYR 5.59 million a year ago. Net loss was MYR 10.39 million compared to net income of MYR 0.046 million a year ago. Basic loss per share from continuing operations was MYR 0.0644 compared to basic earnings per share from continuing operations of MYR 0.0003 a year ago.
For the full year, sales was MYR 8.95 million compared to MYR 10.28 million a year ago. Net loss was MYR 14.93 million compared to MYR 26.35 million a year ago. Basic loss per share from continuing operations was MYR 0.0926 compared to MYR 0.1703 a year ago.