Hua Yang Berhad reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was MYR 29.84 million compared to MYR 30.17 million a year ago. Net income was MYR 0.769 million compared to net loss of MYR 9.05 million a year ago. Basic earnings per share from continuing operations was MYR 0.002 compared to basic loss per share from continuing operations of MYR 0.0257 a year ago. Diluted earnings per share from continuing operations was MYR 0.002 compared to diluted loss per share from continuing operations of MYR 0.0257 a year ago.
For the nine months, sales was MYR 78.8 million compared to MYR 79.38 million a year ago. Net income was MYR 1.33 million compared to net loss of MYR 16.81 million a year ago. Basic earnings per share from continuing operations was MYR 0.0034 compared to basic loss per share from continuing operations of MYR 0.0477 a year ago. Diluted earnings per share from continuing operations was MYR 0.0034 compared to diluted loss per share from continuing operations of MYR 0.0477 a year ago.