New Hoong Fatt Holdings Berhad reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 67.16 million compared to MYR 83.05 million a year ago. Net income was MYR 0.419 million compared to MYR 7.78 million a year ago.

Basic earnings per share from continuing operations was MYR 0.0051 compared to MYR 0.0941 a year ago.