ELK-Desa Resources Berhad reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported net income was MYR 9.61 million compared to MYR 11.12 million a year ago. Basic earnings per share from continuing operations was MYR 0.0211 compared to MYR 0.0245 a year ago. Diluted earnings per share from continuing operations was MYR 0.0211 compared to MYR 0.0245 a year ago.
For the nine months, net income was MYR 26.95 million compared to MYR 40.24 million a year ago. Basic earnings per share from continuing operations was MYR 0.0593 compared to MYR 0.0886 a year ago. Diluted earnings per share from continuing operations was MYR 0.0593 compared to MYR 0.0885 a year ago.