MAG Holdings Berhad reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was MYR 65.79 million compared to MYR 40.88 million a year ago. Net income was MYR 6.5 million compared to MYR 8.22 million a year ago. Basic earnings per share from continuing operations was MYR 0.004 compared to MYR 0.0054 a year ago. Diluted earnings per share from continuing operations was MYR 0.0039 compared to MYR 0.0053 a year ago.
For the nine months, sales was MYR 164.16 million compared to MYR 114.5 million a year ago. Net income was MYR 21.45 million compared to MYR 23.82 million a year ago. Basic earnings per share from continuing operations was MYR 0.0133 compared to MYR 0.0162 a year ago. Diluted earnings per share from continuing operations was MYR 0.0129 compared to MYR 0.0155 a year ago.