Velesto Energy Berhad reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was MYR 338.58 million compared to MYR 287.25 million a year ago. Net income was MYR 46.81 million compared to MYR 14.22 million a year ago.

Basic earnings per share from continuing operations was MYR 0.0057 compared to MYR 0.0017 a year ago. Diluted earnings per share from continuing operations was MYR 0.0044 compared to MYR 0.0017 a year ago.