MQ Technology Berhad reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was MYR 0.760909 million compared to MYR 4.74 million a year ago. Net loss was MYR 4.54 million compared to net income of MYR 1.31 million a year ago. Basic loss per share from continuing operations was MYR 0.0033 compared to basic earnings per share from continuing operations of MYR 0.1 a year ago.
For the nine months, sales was MYR 5.05 million compared to MYR 11.68 million a year ago. Net loss was MYR 8.47 million compared to net income of MYR 1.47 million a year ago. Basic loss per share from continuing operations was MYR 0.65 compared to basic earnings per share from continuing operations of MYR 0.16 a year ago.