Lay Hong 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 284.43 million compared to MYR 252.29 million a year ago. Net income was MYR 12.9 million compared to MYR 18.93 million a year ago. Basic earnings per share from continuing operations was MYR 0.01743 compared to MYR 0.0256 a year ago.
For the full year, sales was MYR 1,084.9 million compared to MYR 960.31 million a year ago. Net income was MYR 27.85 million compared to net loss of MYR 4.08 million a year ago. Basic earnings per share from continuing operations was MYR 0.03762 compared to basic loss per share from continuing operations of MYR 0.0059 a year ago.