Magna Prima 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 25 million compared to MYR 81.6 million a year ago. Net loss was MYR 110.06 million compared to net income of MYR 3.11 million a year ago. Basic loss per share from continuing operations was MYR 0.2757 compared to basic earnings per share from continuing operations of MYR 0.0078 a year ago.
For the full year, sales was MYR 46 million compared to MYR 85.35 million a year ago. Net loss was MYR 127.41 million compared to net income of MYR 46.64 million a year ago. Basic loss per share from continuing operations was MYR 0.3192 compared to basic earnings per share from continuing operations of MYR 0.1169 a year ago.