Bahvest Resources Berhad reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was MYR 34.36 million compared to MYR 52.01 million a year ago. Net loss was MYR 11.24 million compared to net income of MYR 8.53 million a year ago. Basic loss per share from continuing operations was MYR 0.0091 compared to basic earnings per share from continuing operations of MYR 0.0069 a year ago.
For the full year, sales was MYR 142.71 million compared to MYR 149.3 million a year ago. Net loss was MYR 10.64 million compared to net income of MYR 12.42 million a year ago. Basic loss per share from continuing operations was MYR 0.0086 compared to basic earnings per share from continuing operations of MYR 0.0101 a year ago.