Jade Marvel Group Berhad reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported negative sales was MYR 3.48 million compared to sales of MYR 14.84 million a year ago. Net loss was MYR 6.98 million compared to net income of MYR 5.42 million a year ago. Basic loss per share was MYR 0.016 compared to basic earnings per share of MYR 0.0168 a year ago.
For the full year, sales was MYR 22.48 million compared to MYR 30.21 million a year ago. Net loss was MYR 19.68 million compared to net income of MYR 7.05 million a year ago. Basic loss per share was MYR 0.0452 compared to basic earnings per share of MYR 0.0219 a year ago.