CB Industrial Product Holding 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 235.63 million compared to MYR 207.33 million a year ago. Net income was MYR 13.99 million compared to net loss of MYR 24.17 million a year ago. Basic earnings per share from continuing operations was MYR 0.0294 compared to basic loss per share from continuing operations of MYR 0.0506 a year ago. Diluted earnings per share from continuing operations was MYR 0.0294 compared to diluted loss per share from continuing operations of MYR 0.0506 a year ago.
For the nine months, sales was MYR 629.22 million compared to MYR 638.29 million a year ago. Net income was MYR 32.85 million compared to MYR 10.19 million a year ago. Basic earnings per share from continuing operations was MYR 0.0691 compared to MYR 0.0213 a year ago. Diluted earnings per share from continuing operations was MYR 0.0691 compared to MYR 0.0213 a year ago.