Tek Seng Holdings 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 33.11 million compared to MYR 45.84 million a year ago. Net income was MYR 0.155 million compared to MYR 4.82 million a year ago. Basic earnings per share from continuing operations was MYR 0.0004 compared to MYR 0.0134 a year ago.
For the full year, sales was MYR 182.59 million compared to MYR 181.14 million a year ago. Net income was MYR 10.17 million compared to MYR 18.47 million a year ago. Basic earnings per share from continuing operations was MYR 0.0282 compared to MYR 0.0512 a year ago.