Petron Malaysia Refining & Marketing Bhd reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 4,268.68 million compared to MYR 2,960.29 million a year ago. Net loss was MYR 21.37 million compared to net income of MYR 60.53 million a year ago. Basic loss per share from continuing operations was MYR 0.079 compared to basic earnings per share from continuing operations of MYR 0.224 a year ago.
For the full year, sales was MYR 18,350.07 million compared to MYR 9,182.51 million a year ago. Net income was MYR 300.59 million compared to MYR 238.47 million a year ago. Basic earnings per share from continuing operations was MYR 1.113 compared to MYR 0.883 a year ago.