New Hoong Fatt Holdings Berhad reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was MYR 72.71 million compared to MYR 70.66 million a year ago. Net income was MYR 15.61 million compared to MYR 8.21 million a year ago.

Basic earnings per share from continuing operations was MYR 0.1888 compared to MYR 0.0992 a year ago.