TH Heavy Engineering 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 2.11 million compared to MYR 8.14 million a year ago. Net loss was MYR 9.99 million compared to MYR 45.32 million a year ago. Basic loss per share from continuing operations was MYR 0.0045 compared to MYR 0.0204 a year ago. Diluted loss per share from continuing operations was MYR 0.0045 compared to MYR 0.0204 a year ago.
For the full year, sales was MYR 9.36 million compared to MYR 61.92 million a year ago. Net loss was MYR 15.79 million compared to MYR 56.29 million a year ago. Basic loss per share from continuing operations was MYR 0.0071 compared to MYR 0.0253 a year ago. Diluted loss per share from continuing operations was MYR 0.0071 compared to MYR 0.0253 a year ago.