Nestcon 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 144.59 million compared to MYR 107.28 million a year ago. Net loss was MYR 18.47 million compared to net income of MYR 6.55 million a year ago. Basic loss per share from continuing operations was MYR 0.0276 compared to basic earnings per share from continuing operations of MYR 0.0102 a year ago.
For the full year, sales was MYR 461.52 million compared to MYR 358.26 million a year ago. Net loss was MYR 15.35 million compared to net income of MYR 12.21 million a year ago. Basic loss per share from continuing operations was MYR 0.0229 compared to basic earnings per share from continuing operations of MYR 0.019 a year ago.