Hua Yang Berhad reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was MYR 30.17 million compared to MYR 33.9 million a year ago. Net loss was MYR 8.98 million compared to net income of MYR 14.42 million a year ago. Basic loss per share from continuing operations was MYR 0.0255 compared to basic earnings per share from continuing operations of MYR 0.041 a year ago.
For the nine months, sales was MYR 79.38 million compared to MYR 82.96 million a year ago. Net loss was MYR 16.76 million compared to net income of MYR 3.9 million a year ago. Basic loss per share from continuing operations was MYR 0.0476 compared to basic earnings per share from continuing operations of MYR 0.0111 a year ago.