UWC Berhad reported earnings results for the first quarter ended October 31, 2023. For the first quarter, the company reported sales was MYR 45.46 million compared to MYR 92.12 million a year ago. Revenue was MYR 50.24 million compared to MYR 98.13 million a year ago.

Net income was MYR 4.35 million compared to MYR 29.25 million a year ago. Basic earnings per share from continuing operations was MYR 0.004 compared to MYR 0.0266 a year ago. Diluted earnings per share from continuing operations was MYR 0.0039 compared to MYR 0.0265 a year ago.