Wong Engineering Corporation Berhad reported earnings results for the fourth quarter and full year ended October 31, 2023. For the fourth quarter, the company reported sales was MYR 11.34 million compared to MYR 20.87 million a year ago. Net loss was MYR 3.67 million compared to net income of MYR 2.96 million a year ago. Basic loss per share from continuing operations was MYR 0.0147 compared to basic earnings per share from continuing operations of MYR 0.012 a year ago.
For the full year, sales was MYR 52.7 million compared to MYR 74.71 million a year ago. Net loss was MYR 7.58 million compared to net income of MYR 3.34 million a year ago. Basic loss per share from continuing operations was MYR 0.0303 compared to basic earnings per share from continuing operations of MYR 0.0135 a year ago.