Teo Seng Capital 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 180.65 million compared to MYR 152.14 million a year ago. Net income was MYR 13.03 million compared to MYR 12.09 million a year ago. Basic earnings per share from continuing operations was MYR 0.0443 compared to MYR 0.0412 a year ago. Diluted earnings per share from continuing operations was MYR 0.0443 compared to MYR 0.0412 a year ago.
For the full year, sales was MYR 651.97 million compared to MYR 530.14 million a year ago. Net income was MYR 21.64 million compared to MYR 3.04 million a year ago. Basic earnings per share from continuing operations was MYR 0.0736 compared to MYR 0.0104 a year ago. Diluted earnings per share from continuing operations was MYR 0.0736 compared to MYR 0.0104 a year ago.