CSC Steel Holdings 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 376.56 million compared to MYR 360.72 million a year ago. Net income was MYR 10.49 million compared to net loss of MYR 0.347 million a year ago. Basic earnings per share from continuing operations was MYR 0.0284 compared to basic loss per share from continuing operations of MYR 0.0009 a year ago. Diluted earnings per share from continuing operations was MYR 0.0284 compared to diluted loss per share from continuing operations of MYR 0.0009 a year ago.
For the full year, sales was MYR 1,558.99 million compared to MYR 1,698.63 million a year ago. Net income was MYR 49.48 million compared to MYR 14.61 million a year ago. Basic earnings per share from continuing operations was MYR 0.134 compared to MYR 0.0396 a year ago. Diluted earnings per share from continuing operations was MYR 0.134 compared to MYR 0.0396 a year ago.