MGB 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 305.33 million compared to MYR 145.58 million a year ago. Net income was MYR 12.48 million compared to MYR 3.72 million a year ago. Basic earnings per share from continuing operations was MYR 0.0211 compared to MYR 0.0063 a year ago. Diluted earnings per share from continuing operations was MYR 0.0211 compared to MYR 0.0063 a year ago.
For the full year, sales was MYR 971.83 million compared to MYR 612.8 million a year ago. Net income was MYR 48.8 million compared to MYR 15.1 million a year ago. Basic earnings per share from continuing operations was MYR 0.0825 compared to MYR 0.0255 a year ago. Diluted earnings per share from continuing operations was MYR 0.0825 compared to MYR 0.0255 a year ago.