Malaysia Steel Works (KL) Bhd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 437.22 million compared to MYR 322.95 million a year ago. Net income was MYR 2.98 million compared to MYR 2.69 million a year ago. Basic earnings per share from continuing operations was MYR 0.0044 compared to MYR 0.0059 a year ago. Diluted earnings per share from continuing operations was MYR 0.0037.
For the nine months, sales was MYR 1,331.72 million compared to MYR 1,115.82 million a year ago. Net income was MYR 17.39 million compared to MYR 20.47 million a year ago. Basic earnings per share from continuing operations was MYR 0.0256 compared to MYR 0.0452 a year ago. Diluted earnings per share from continuing operations was MYR 0.0216.