Perak Transit Berhad reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was MYR 42.53 million compared to MYR 32.94 million a year ago. Net income was MYR 15.85 million compared to MYR 12.69 million a year ago. Basic earnings per share from continuing operations was MYR 0.0227 compared to MYR 0.02 a year ago. Diluted earnings per share from continuing operations was MYR 0.0225 compared to MYR 0.016 a year ago.
For the full year, sales was MYR 170.92 million compared to MYR 138.57 million a year ago. Net income was MYR 60 million compared to MYR 53.2 million a year ago. Basic earnings per share from continuing operations was MYR 0.0886 compared to MYR 0.0838 a year ago. Diluted earnings per share from continuing operations was MYR 0.0882 compared to MYR 0.0764 a year ago.