Xin Hwa Holdings Berhad reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was MYR 20.28 million compared to MYR 31.64 million a year ago. Net loss was MYR 9.45 million compared to MYR 9.48 million a year ago. Basic loss per share from continuing operations was MYR 0.037 compared to MYR 0.0371 a year ago. Diluted loss per share from continuing operations was MYR 0.037 compared to MYR 0.0371 a year ago.
For the full year, sales was MYR 121.38 million compared to MYR 118.28 million a year ago. Net loss was MYR 20.6 million compared to MYR 16.05 million a year ago. Basic loss per share from continuing operations was MYR 0.0806 compared to MYR 0.0636 a year ago. Diluted loss per share from continuing operations was MYR 0.0806 compared to MYR 0.0636 a year ago.