Ibraco Berhad reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 117.85 million compared to MYR 61.8 million a year ago. Net income was MYR 12.46 million compared to MYR 6.62 million a year ago. Basic earnings per share from continuing operations was MYR 0.0228 compared to MYR 0.0121 a year ago. Diluted earnings per share from continuing operations was MYR 0.0228 compared to MYR 0.0121 a year ago.
For the nine months, sales was MYR 286.45 million compared to MYR 189.58 million a year ago. Net income was MYR 36.14 million compared to MYR 16.38 million a year ago. Basic earnings per share from continuing operations was MYR 0.0662 compared to MYR 0.03 a year ago. Diluted earnings per share from continuing operations was MYR 0.0662 compared to MYR 0.03 a year ago.