Boustead Heavy Industries Corporation 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 38.51 million compared to MYR 35.87 million a year ago. Net loss was MYR 5.72 million compared to net income of MYR 0.564 million a year ago. Basic loss per share from continuing operations was MYR 0.023 compared to basic earnings per share from continuing operations of MYR 0.0023 a year ago.
For the nine months, sales was MYR 77.67 million compared to MYR 103.2 million a year ago. Net loss was MYR 7.16 million compared to net income of MYR 6.56 million a year ago. Basic loss per share from continuing operations was MYR 0.0288 compared to basic earnings per share from continuing operations of MYR 0.0264 a year ago.