Far East Holdings 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 143.74 million compared to MYR 188.98 million a year ago. Net income was MYR 31.55 million compared to MYR 62.91 million a year ago. Basic earnings per share from continuing operations was MYR 0.0531 compared to MYR 0.1059 a year ago. Diluted earnings per share from continuing operations was MYR 0.0531 compared to MYR 0.1059 a year ago.
For the nine months, sales was MYR 352.07 million compared to MYR 618.41 million a year ago. Net income was MYR 53.33 million compared to MYR 190.38 million a year ago. Basic earnings per share from continuing operations was MYR 0.0898 compared to MYR 0.3206 a year ago. Diluted earnings per share from continuing operations was MYR 0.0898 compared to MYR 0.3206 a year ago.