Kawan Food 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 79.22 million compared to MYR 71.83 million a year ago. Net income was MYR 7.69 million compared to MYR 10.4 million a year ago. Basic earnings per share from continuing operations was MYR 0.0215 compared to MYR 0.0289 a year ago. Diluted earnings per share from continuing operations was MYR 0.0215 compared to MYR 0.0287 a year ago.
For the nine months, sales was MYR 225.77 million compared to MYR 220.88 million a year ago. Net income was MYR 21.27 million compared to MYR 29.85 million a year ago. Basic earnings per share from continuing operations was MYR 0.0594 compared to MYR 0.0831 a year ago. Diluted earnings per share from continuing operations was MYR 0.0594 compared to MYR 0.0824 a year ago.