Cloudpoint Technology 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 19.58 million compared to MYR 13.71 million a year ago. Net income was MYR 3.31 million compared to MYR 0.552 million a year ago. Basic earnings per share from continuing operations was MYR 0.0062 compared to MYR 0.0013 a year ago. Diluted earnings per share from continuing operations was MYR 0.0062 compared to MYR 0.001 a year ago.
For the nine months, sales was MYR 79.07 million compared to MYR 49.6 million a year ago. Net income was MYR 10.62 million compared to MYR 5.59 million a year ago. Basic earnings per share from continuing operations was MYR 0.02 compared to MYR 0.0131 a year ago. Diluted earnings per share from continuing operations was MYR 0.02 compared to MYR 0.0105 a year ago.