VSTECS Berhad reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 683.24 million compared to MYR 763.38 million a year ago. Net income was MYR 18.25 million compared to MYR 19.82 million a year ago. Basic earnings per share from continuing operations was MYR 0.051 compared to MYR 0.056 a year ago.
For the full year, sales was MYR 2,770.61 million compared to MYR 2,625.82 million a year ago. Net income was MYR 59.68 million compared to MYR 54.99 million a year ago. Basic earnings per share from continuing operations was MYR 0.167 compared to MYR 0.154 a year ago.