Solarvest Holdings Berhad reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was MYR 96.9 million compared to MYR 113.22 million a year ago. Net income was MYR 7.73 million compared to MYR 5.22 million a year ago. Basic earnings per share from continuing operations was MYR 0.0115 compared to MYR 0.0078 a year ago. Diluted earnings per share from continuing operations was MYR 0.0104 compared to MYR 0.0077 a year ago.
For the full year, sales was MYR 492.6 million compared to MYR 365.54 million a year ago. Net income was MYR 32.26 million compared to MYR 19.66 million a year ago. Basic earnings per share from continuing operations was MYR 0.0483 compared to MYR 0.0295 a year ago. Diluted earnings per share from continuing operations was MYR 0.0447 compared to MYR 0.0293 a year ago.