Petra Energy Berhad reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 110.38 million compared to MYR 77.33 million a year ago. Net income was MYR 7.9 million compared to MYR 12.54 million a year ago. Basic earnings per share from continuing operations was MYR 0.0246 compared to MYR 0.0391 a year ago.
For the full year, sales was MYR 370.72 million compared to MYR 322.34 million a year ago. Net income was MYR 13.08 million compared to MYR 15.94 million a year ago. Basic earnings per share from continuing operations was MYR 0.0407 compared to MYR 0.0497 a year ago.