Riverview Rubber Estates, 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 10.41 million compared to MYR 13.73 million a year ago. Net loss was MYR 0.601 million compared to net income of MYR 8.3 million a year ago. Basic loss per share from continuing operations was MYR 0.0093 compared to basic earnings per share from continuing operations of MYR 0.128 a year ago.
For the full year, sales was MYR 54.92 million compared to MYR 55.96 million a year ago. Net income was MYR 14.08 million compared to MYR 23.23 million a year ago. Basic earnings per share from continuing operations was MYR 0.2171 compared to MYR 0.3582 a year ago.