Hiap Teck Venture Berhad reported earnings results for the fourth quarter and full year ended July 31, 2023. For the fourth quarter, the company reported sales was MYR 453.79 million compared to MYR 386.5 million a year ago. Net income was MYR 42.6 million compared to MYR 24.48 million a year ago. Basic earnings per share from continuing operations was MYR 0.0245 compared to MYR 0.0141 a year ago. Diluted earnings per share from continuing operations was MYR 0.0245 compared to MYR 0.0141 a year ago.
For the full year, sales was MYR 1,585.21 million compared to MYR 1,583.28 million a year ago. Net income was MYR 30.91 million compared to MYR 156.01 million a year ago. Basic earnings per share from continuing operations was MYR 0.0177 compared to MYR 0.09 a year ago. Diluted earnings per share from continuing operations was MYR 0.0177 compared to MYR 0.0896 a year ago.