K. Seng Seng Corporation 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 95.74 million compared to MYR 39.22 million a year ago. Net loss was MYR 10.21 million compared to MYR 1.85 million a year ago. Basic loss per share from continuing operations was MYR 0.0685 compared to MYR 0.0143 a year ago. Diluted loss per share from continuing operations was MYR 0.0685 compared to MYR 0.0143 a year ago.
For the full year, sales was MYR 246.81 million compared to MYR 192.72 million a year ago. Net loss was MYR 13.4 million compared to net income of MYR 1.45 million a year ago. Basic loss per share from continuing operations was MYR 0.0899 compared to basic earnings per share from continuing operations of MYR 0.0119 a year ago. Diluted loss per share from continuing operations was MYR 0.0899 compared to diluted earnings per share from continuing operations of MYR 0.0119 a year ago.