Muar Ban Lee Group 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 74.58 million compared to MYR 134.6 million a year ago. Net income was MYR 4.86 million compared to MYR 9.08 million a year ago. Basic earnings per share from continuing operations was MYR 0.022 compared to MYR 0.0401 a year ago. Diluted earnings per share from continuing operations was MYR 0.022 compared to MYR 0.0395 a year ago. Basic earnings per share was MYR 0.0213 compared to MYR 0.0398 a year ago. Diluted earnings per share was MYR 0.0213 compared to MYR 0.0392 a year ago.
For the nine months, sales was MYR 209.22 million compared to MYR 325.02 million a year ago. Net income was MYR 8.16 million compared to MYR 20.06 million a year ago. Basic earnings per share from continuing operations was MYR 0.038 compared to MYR 0.0888 a year ago. Diluted earnings per share from continuing operations was MYR 0.038 compared to MYR 0.0873 a year ago. Basic earnings per share was MYR 0.0359 compared to MYR 0.0872 a year ago. Diluted earnings per share was MYR 0.0359 compared to MYR 0.0857 a year ago.