Sern Kou Resources Berhad reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was MYR 87.83 million compared to MYR 83.77 million a year ago. Net income was MYR 1.17 million compared to MYR 2.9 million a year ago. Basic earnings per share from continuing operations was MYR 0.0012 compared to MYR 0.0035 a year ago. Diluted earnings per share from continuing operations was MYR 0.0012 compared to MYR 0.0028 a year ago.
For the nine months, sales was MYR 283.06 million compared to MYR 242.45 million a year ago. Net loss was MYR 3.4 million compared to net income of MYR 7.9 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 0.0096 a year ago. Diluted loss per share from continuing operations was MYR 0.0033 compared to diluted earnings per share from continuing operations of MYR 0.0078 a year ago.