Texchem Resources Bhd reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 251.76 million compared to MYR 323.75 million a year ago. Net loss was MYR 0.264 million compared to net income of MYR 17.18 million a year ago. Basic loss per share from continuing operations was MYR 0.0022 compared to basic earnings per share from continuing operations of MYR 0.1425 a year ago. Diluted loss per share from continuing operations was MYR 0.0022 compared to diluted earnings per share from continuing operations of MYR 0.1425 a year ago.
For the full year, sales was MYR 1,143.31 million compared to MYR 1,087.27 million a year ago. Net income was MYR 21.9 million compared to MYR 25.42 million a year ago. Basic earnings per share from continuing operations was MYR 0.1848 compared to MYR 0.2108 a year ago. Diluted earnings per share from continuing operations was MYR 0.1828 compared to MYR 0.2108 a year ago.