Hua Yang Berhad reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was MYR 40.81 million compared to MYR 76.6 million a year ago. Net income was MYR 18.28 million compared to net loss of MYR 54.07 million a year ago. Basic earnings per share from continuing operations was MYR 0.0519 compared to basic loss per share from continuing operations of MYR 0.1536 a year ago.
For the full year, sales was MYR 120.19 million compared to MYR 159.56 million a year ago. Net income was MYR 1.52 million compared to net loss of MYR 52.4 million a year ago. Basic earnings per share from continuing operations was MYR 0.0043 compared to basic loss per share from continuing operations of MYR 0.1489 a year ago.