Guan Chong Berhad reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 1,100.5 million compared to MYR 998.1 million a year ago. Net income was MYR 30.76 million compared to MYR 34.46 million a year ago. Basic earnings per share from continuing operations was MYR 0.0289 compared to MYR 0.0332 a year ago. Diluted earnings per share from continuing operations was MYR 0.0284 compared to MYR 0.0316 a year ago.
For the nine months, sales was MYR 3,288.53 million compared to MYR 2,834.45 million a year ago. Net income was MYR 128.64 million compared to MYR 104.74 million a year ago. Basic earnings per share from continuing operations was MYR 0.1209 compared to MYR 0.101 a year ago. Diluted earnings per share from continuing operations was MYR 0.1189 compared to MYR 0.0962 a year ago.