Focus Lumber 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 17.57 million compared to MYR 52.74 million a year ago. Net loss was MYR 2.71 million compared to net income of MYR 11.28 million a year ago. Basic loss per share from continuing operations was MYR 0.0124 compared to basic earnings per share from continuing operations of MYR 0.0548 a year ago. Diluted loss per share from continuing operations was MYR 0.0124 compared to diluted earnings per share from continuing operations of MYR 0.0544 a year ago.
For the nine months, sales was MYR 39.69 million compared to MYR 126.47 million a year ago. Net loss was MYR 4.12 million compared to net income of MYR 29.28 million a year ago. Basic loss per share from continuing operations was MYR 0.0189 compared to basic earnings per share from continuing operations of MYR 0.1445 a year ago. Diluted loss per share from continuing operations was MYR 0.0189 compared to diluted earnings per share from continuing operations of MYR 0.1419 a year ago.