Lii Hen Industries 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 152.43 million compared to MYR 222.17 million a year ago. Net income was MYR 16.87 million compared to MYR 12.62 million a year ago. Basic earnings per share from continuing operations was MYR 0.0312 compared to MYR 0.0234 a year ago. Diluted earnings per share from continuing operations was MYR 0.0312 compared to MYR 0.0234 a year ago.
For the full year, sales was MYR 730.88 million compared to MYR 749.27 million a year ago. Net income was MYR 74.84 million compared to MYR 37.77 million a year ago. Basic earnings per share from continuing operations was MYR 0.1386 compared to MYR 0.0699 a year ago.