South Malaysia Industries Berhad reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was MYR 14.84 million compared to MYR 15.5 million a year ago. Net loss was MYR 0.842 million compared to net income of MYR 9.28 million a year ago. Basic loss per share from continuing operations was MYR 0.004 compared to basic earnings per share from continuing operations of MYR 0.0442 a year ago.
For the full year, sales was MYR 49.81 million compared to MYR 51.1 million a year ago. Net loss was MYR 1.72 million compared to MYR 3.86 million a year ago. Basic loss per share from continuing operations was MYR 0.0082 compared to MYR 0.0184 a year ago.