Kim Loong Resources Berhad reported earnings results for the fourth quarter and full year ended January 31, 2024. For the fourth quarter, the company reported sales was MYR 365.16 million compared to MYR 431.82 million a year ago. Net income was MYR 24.87 million compared to MYR 36.62 million a year ago. Basic earnings per share from continuing operations was MYR 0.0256 compared to MYR 0.0379 a year ago. Diluted earnings per share from continuing operations was MYR 0.0256 compared to MYR 0.0378 a year ago.
For the full year, sales was MYR 1,526.13 million compared to MYR 1,908.34 million a year ago. Net income was MYR 147.71 million compared to MYR 162.26 million a year ago. Basic earnings per share from continuing operations was MYR 0.1524 compared to MYR 0.1679 a year ago. Diluted earnings per share from continuing operations was MYR 0.1523 compared to MYR 0.1675 a year ago.