Mieco Chipboard Berhad reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was MYR 134.81 million compared to MYR 112.36 million a year ago. Net income was MYR 28.11 million compared to MYR 26.9 million a year ago. Basic earnings per share from continuing operations was MYR 0.0281 compared to MYR 0.0269 a year ago.
For the full year, sales was MYR 372.62 million compared to MYR 377.33 million a year ago. Net income was MYR 27.51 million compared to net loss of MYR 4.48 million a year ago. Basic earnings per share from continuing operations was MYR 0.0275 compared to basic loss per share from continuing operations of MYR 0.0045 a year ago.