ELK-Desa Resources Berhad reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported net income was MYR 11.12 million compared to MYR 10.52 million a year ago. Basic earnings per share from continuing operations was MYR 0.0245 compared to MYR 0.0235 a year ago. Diluted earnings per share from continuing operations was MYR 0.0245 compared to MYR 0.0232 a year ago.
For the nine months, net income was MYR 40.24 million compared to MYR 20.24 million a year ago. Basic earnings per share from continuing operations was MYR 0.0886 compared to MYR 0.0453 a year ago. Diluted earnings per share from continuing operations was MYR 0.0885 compared to MYR 0.0447 a year ago.