Timberwell Berhad reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was MYR 2.83 million compared to MYR 4.35 million a year ago. Net loss was MYR 0.439 million compared to net income of MYR 0.103 million a year ago.

Basic loss per share from continuing operations was MYR 0.0049 compared to basic earnings per share from continuing operations of MYR 0.0012 a year ago.