Advancecon Holdings 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 122.65 million compared to MYR 122.41 million a year ago. Net loss was MYR 0.605067 million compared to net income of MYR 0.66096 million a year ago. Basic loss per share from continuing operations was MYR 0.0011 compared to basic earnings per share from continuing operations of MYR 0.0014 a year ago. Diluted loss per share from continuing operations was MYR 0.0011 compared to diluted earnings per share from continuing operations of MYR 0.0014 a year ago.
For the nine months, sales was MYR 353.1 million compared to MYR 326.57 million a year ago. Net income was MYR 0.086431 million compared to net loss of MYR 0.866787 million a year ago. Basic earnings per share from continuing operations was MYR 0.0002 compared to basic loss per share from continuing operations of MYR 0.0018 a year ago. Diluted earnings per share from continuing operations was MYR 0.0002 compared to diluted loss per share from continuing operations of MYR 0.0018 a year ago.