Mi Technovation 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 98.45 million compared to MYR 89.66 million a year ago. Net income was MYR 14.16 million compared to MYR 20.25 million a year ago. Basic earnings per share from continuing operations was MYR 0.0158 compared to MYR 0.0226 a year ago. Diluted earnings per share from continuing operations was MYR 0.0158 compared to MYR 0.0225 a year ago.
For the nine months, sales was MYR 259.35 million compared to MYR 272.33 million a year ago. Net income was MYR 43.29 million compared to MYR 51.75 million a year ago. Basic earnings per share from continuing operations was MYR 0.0483 compared to MYR 0.0578 a year ago. Diluted earnings per share from continuing operations was MYR 0.0483 compared to MYR 0.0576 a year ago.