Hiap Teck Venture Berhad reported earnings results for the fourth quarter and full year ended July 31, 2022. For the fourth quarter, the company reported sales was MYR 386.5 million compared to MYR 164.83 million a year ago. Net income was MYR 24.48 million compared to MYR 60.48 million a year ago. Basic earnings per share from continuing operations was MYR 0.0141 compared to MYR 0.0427 a year ago. Diluted earnings per share from continuing operations was MYR 0.0141 compared to MYR 0.0386 a year ago.
For the full year, sales was MYR 1,583.28 million compared to MYR 1,081.94 million a year ago. Net income was MYR 156.01 million compared to MYR 163.43 million a year ago. Basic earnings per share from continuing operations was MYR 0.09 compared to MYR 0.1155 a year ago. Diluted earnings per share from continuing operations was MYR 0.09 compared to MYR 0.1045 a year ago.