Rimbunan Sawit 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 139.62 million compared to MYR 154.15 million a year ago. Net income was MYR 36.95 million compared to net loss of MYR 3.19 million a year ago. Basic earnings per share from continuing operations was MYR 0.0181 compared to basic loss per share from continuing operations of MYR 0.0016 a year ago.
For the full year, sales was MYR 507.76 million compared to MYR 675.92 million a year ago. Net income was MYR 24.48 million compared to net loss of MYR 0.33 million a year ago. Basic earnings per share from continuing operations was MYR 0.012 compared to basic loss per share from continuing operations of MYR 0.0002 a year ago.