Ibraco Berhad reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 61.8 million compared to MYR 82.69 million a year ago. Net income was MYR 6.62 million compared to MYR 5.15 million a year ago. Basic earnings per share from continuing operations was MYR 0.0121 compared to MYR 0.0104 a year ago. Diluted earnings per share from continuing operations was MYR 0.0121 compared to MYR 0.0104 a year ago.
For the nine months, sales was MYR 189.58 million compared to MYR 177.37 million a year ago. Net income was MYR 16.38 million compared to MYR 13.55 million a year ago. Basic earnings per share from continuing operations was MYR 0.03 compared to MYR 0.0273 a year ago. Diluted earnings per share from continuing operations was MYR 0.03 compared to MYR 0.0273 a year ago.