Hup Seng Industries 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 94.19 million compared to MYR 70.19 million a year ago. Net income was MYR 13.02 million compared to MYR 3.84 million a year ago. Basic earnings per share from continuing operations was MYR 0.0163 compared to MYR 0.0048 a year ago. Diluted earnings per share from continuing operations was MYR 0.0163 compared to MYR 0.0048 a year ago.
For the nine months, sales was MYR 262.12 million compared to MYR 223.26 million a year ago. Net income was MYR 31.41 million compared to MYR 13.64 million a year ago. Basic earnings per share from continuing operations was MYR 0.0393 compared to MYR 0.0171 a year ago. Diluted earnings per share from continuing operations was MYR 0.0393 compared to MYR 0.0171 a year ago.