LBI Capital Berhad reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MYR 10.55 million compared to MYR 4.42 million a year ago. Net loss was MYR 0.525 million compared to net income of MYR 0.353 million a year ago. Basic loss per share from continuing operations was MYR 0.005 compared to basic earnings per share from continuing operations of MYR 0.0032 a year ago. Diluted loss per share from continuing operations was MYR 0.005 compared to diluted earnings per share from continuing operations of MYR 0.0031 a year ago.
For the full year, sales was MYR 14.61 million compared to MYR 26.32 million a year ago. Net loss was MYR 1.46 million compared to net income of MYR 0.492 million a year ago. Basic loss per share from continuing operations was MYR 0.0131 compared to basic earnings per share from continuing operations of MYR 0.0044 a year ago. Diluted loss per share from continuing operations was MYR 0.0131 compared to diluted earnings per share from continuing operations of MYR 0.0043 a year ago.