Thong Guan Industries Berhad reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 317.53 million compared to MYR 328.72 million a year ago. Net income was MYR 19.29 million compared to MYR 23.26 million a year ago.

Basic earnings per share from continuing operations was MYR 0.0499 compared to MYR 0.0608 a year ago. Diluted earnings per share from continuing operations was MYR 0.0491 compared to MYR 0.0589 a year ago.