Heng Huat Resources Group Berhad reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was MYR 34.26 million compared to MYR 30.53 million a year ago. Net income was MYR 9.27 million compared to MYR 7.76 million a year ago. Basic earnings per share from continuing operations was MYR 0.0115 compared to MYR 0.0216 a year ago. Diluted earnings per share from continuing operations was MYR 0.01 compared to MYR 0.0149 a year ago.
For the full year, sales was MYR 155.3 million compared to MYR 103.5 million a year ago. Net income was MYR 26.66 million compared to MYR 14.73 million a year ago. Basic earnings per share from continuing operations was MYR 0.0359 compared to MYR 0.0438 a year ago. Diluted earnings per share from continuing operations was MYR 0.032 compared to MYR 0.0297 a year ago.