Minetech Resources 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 36.87 million compared to MYR 25.23 million a year ago. Net loss was MYR 7.06 million compared to MYR 11.86 million a year ago. Basic loss per share was MYR 0.0046 compared to MYR 0.0102 a year ago.
For the full year, sales was MYR 124.2 million compared to MYR 85.39 million a year ago. Net loss was MYR 10.19 million compared to MYR 22.16 million a year ago. Basic loss per share from continuing operations was MYR 0.0067 compared to MYR 0.019 a year ago.