MGB 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 256.14 million compared to MYR 154.88 million a year ago. Net income was MYR 12.3 million compared to MYR 3.77 million a year ago. Basic earnings per share from continuing operations was MYR 0.0208 compared to MYR 0.0064 a year ago. Diluted earnings per share from continuing operations was MYR 0.0208 compared to MYR 0.0064 a year ago.
For the nine months, sales was MYR 666.5 million compared to MYR 467.22 million a year ago. Net income was MYR 36.32 million compared to MYR 11.38 million a year ago. Basic earnings per share from continuing operations was MYR 0.0614 compared to MYR 0.0192 a year ago. Diluted earnings per share from continuing operations was MYR 0.0614 compared to MYR 0.0192 a year ago.