Guan Chong 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 1,285.91 million compared to MYR 1,100.5 million a year ago. Net income was MYR 33.88 million compared to MYR 30.76 million a year ago. Basic earnings per share from continuing operations was MYR 0.0288 compared to MYR 0.0289 a year ago. Diluted earnings per share from continuing operations was MYR 0.0288 compared to MYR 0.0284 a year ago.
For the nine months, sales was MYR 3,548.59 million compared to MYR 3,288.53 million a year ago. Net income was MYR 85.76 million compared to MYR 128.64 million a year ago. Basic earnings per share from continuing operations was MYR 0.073 compared to MYR 0.1209 a year ago. Diluted earnings per share from continuing operations was MYR 0.073 compared to MYR 0.1189 a year ago.