Globaltec Formation Berhad reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was MYR 47.56 million compared to MYR 43.3 million a year ago. Net income was MYR 5.25 million compared to net loss of MYR 1.37 million a year ago. Basic earnings per share from continuing operations was MYR 0.0195 compared to basic loss per share from continuing operations of MYR 0.00508 a year ago.
For the nine months, sales was MYR 135.39 million compared to MYR 123.28 million a year ago. Net income was MYR 11.76 million compared to MYR 15.39 million a year ago. Basic earnings per share from continuing operations was MYR 0.0437 compared to MYR 0.0572 a year ago.