Widad Group 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 32.04 million compared to MYR 5.18 million a year ago. Net loss was MYR 19.01 million compared to net income of MYR 64.63 million a year ago. Basic loss per share from continuing operations was MYR 0.0069 compared to basic earnings per share from continuing operations of MYR 0.0239 a year ago.
For the full year, sales was MYR 160.41 million compared to MYR 87.74 million a year ago. Net loss was MYR 6.11 million compared to net income of MYR 70.79 million a year ago. Basic loss per share from continuing operations was MYR 0.0022 compared to basic earnings per share from continuing operations of MYR 0.0262 a year ago.