Ivory Properties Group Berhad reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported negative sales was MYR 15.61 million compared to sales of MYR 6.63 million a year ago. Net loss was MYR 28.22 million compared to MYR 18.8 million a year ago. Basic loss per share from continuing operations was MYR 0.0576 compared to MYR 0.0384 a year ago.
For the nine months, negative sales was MYR 6.57 million compared to sales of MYR 11.49 million a year ago. Net loss was MYR 77.8 million compared to MYR 46.3 million a year ago. Basic loss per share from continuing operations was MYR 0.1587 compared to MYR 0.0945 a year ago.