Magnum Berhad reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 538.89 million compared to MYR 483.01 million a year ago. Net income was MYR 37.54 million compared to MYR 20.52 million a year ago. Basic earnings per share from continuing operations was MYR 0.026 compared to MYR 0.0143 a year ago.
For the full year, sales was MYR 2,031.1 million compared to MYR 1,259.56 million a year ago. Net income was MYR 100.67 million compared to MYR 0.184 million a year ago. Basic earnings per share from continuing operations was MYR 0.07 compared to MYR 0.0001 a year ago.