Lay Hong 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 267.16 million compared to MYR 236.54 million a year ago. Net income was MYR 6.96 million compared to net loss of MYR 0.008 million a year ago. Basic earnings per share from continuing operations was MYR 0.0094 compared to basic loss per share from continuing operations of MYR 0.00001 a year ago.
For the nine months, sales was MYR 800.47 million compared to MYR 708.02 million a year ago. Net income was MYR 14.95 million compared to net loss of MYR 23.01 million a year ago. Basic earnings per share from continuing operations was MYR 0.02019 compared to basic loss per share from continuing operations of MYR 0.03441 a year ago.