Dutch Lady Milk Industries 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 361.69 million compared to MYR 300.4 million a year ago. Net loss was MYR 20.23 million compared to net income of MYR 183.46 million a year ago. Basic loss per share from continuing operations was MYR 0.316 compared to basic earnings per share from continuing operations of MYR 2.867 a year ago.
For the full year, sales was MYR 1,339.41 million compared to MYR 1,133.73 million a year ago. Net income was MYR 46.27 million compared to MYR 248 million a year ago. Basic earnings per share from continuing operations was MYR 0.723 compared to MYR 3.875 a year ago.