Hup Seng Industries 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 95.15 million compared to MYR 94.93 million a year ago. Net income was MYR 13.68 million compared to MYR 12.44 million a year ago. Basic earnings per share from continuing operations was MYR 0.0171 compared to MYR 0.0155 a year ago. Diluted earnings per share from continuing operations was MYR 0.0171 compared to MYR 0.0155 a year ago.

For the full year, the company reported sales was MYR 357.27 million compared to MYR 318.19 million a year ago. Net income was MYR 45.09 million compared to MYR 26.08 million a year ago. Basic earnings per share from continuing operations was MYR 0.0564 compared to MYR 0.0326 a year ago. Diluted earnings per share from continuing operations was MYR 0.0564 compared to MYR 0.0326 a year ago.