Globetronics Technology Bhd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MYR 32.55 million compared to MYR 43.05 million a year ago. Net income was MYR 6.51 million compared to MYR 12.05 million a year ago. Basic earnings per share from continuing operations was MYR 0.0097 compared to MYR 0.018 a year ago. Diluted earnings per share from continuing operations was MYR 0.0097 compared to MYR 0.018 a year ago.
For the full year, sales was MYR 131.82 million compared to MYR 180.05 million a year ago. Net income was MYR 26.42 million compared to MYR 45.46 million a year ago. Basic earnings per share from continuing operations was MYR 0.0394 compared to MYR 0.0679 a year ago. Diluted earnings per share from continuing operations was MYR 0.0394 compared to MYR 0.0679 a year ago.