Hua Yang Berhad reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was MYR 41.27 million compared to MYR 40.81 million a year ago. Net income was MYR 1.89 million compared to MYR 18.33 million a year ago. Basic earnings per share from continuing operations was MYR 0.0049 compared to MYR 0.0521 a year ago. Diluted earnings per share from continuing operations was MYR 0.0049 compared to MYR 0.0521 a year ago.
For the full year, sales was MYR 120.06 million compared to MYR 120.19 million a year ago. Net income was MYR 3.22 million compared to MYR 1.53 million a year ago. Basic earnings per share from continuing operations was MYR 0.0083 compared to MYR 0.0043 a year ago. Diluted earnings per share from continuing operations was MYR 0.0083 compared to MYR 0.0043 a year ago.