Shin Yang Group Berhad reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was MYR 252.19 million compared to MYR 234.84 million a year ago. Net income was MYR 34.66 million compared to MYR 44.82 million a year ago. Basic earnings per share from continuing operations was MYR 0.0306 compared to MYR 0.0393 a year ago. Diluted earnings per share from continuing operations was MYR 0.0306 compared to MYR 0.0393 a year ago.
For the nine months, sales was MYR 709.87 million compared to MYR 716.52 million a year ago. Net income was MYR 80.23 million compared to MYR 133 million a year ago. Basic earnings per share from continuing operations was MYR 0.0708 compared to MYR 0.1148 a year ago. Diluted earnings per share from continuing operations was MYR 0.0708 compared to MYR 0.1148 a year ago.