Advancecon Holdings Berhad reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 122.41 million compared to MYR 69.65 million a year ago. Net income was MYR 0.66096 million compared to MYR 1.85 million a year ago. Basic earnings per share from continuing operations was MYR 0.0014 compared to MYR 0.0046 a year ago. Diluted earnings per share from continuing operations was MYR 0.0014 compared to MYR 0.0046 a year ago.
For the nine months, sales was MYR 326.57 million compared to MYR 194.81 million a year ago. Net loss was MYR 0.866787 million compared to net income of MYR 0.428338 million a year ago. Basic loss per share from continuing operations was MYR 0.0018 compared to basic earnings per share from continuing operations of MYR 0.0011 a year ago. Diluted loss per share from continuing operations was MYR 0.0018 compared to diluted earnings per share from continuing operations of MYR 0.0011 a year ago.