JAKS Resources 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 16.38 million compared to MYR 30.56 million a year ago. Net income was MYR 20.34 million compared to MYR 31.85 million a year ago. Basic earnings per share from continuing operations was MYR 0.01 compared to MYR 0.0172 a year ago. Diluted earnings per share from continuing operations was MYR 0.01 compared to MYR 0.0159 a year ago.
For the nine months, sales was MYR 43.94 million compared to MYR 89.6 million a year ago. Net income was MYR 56.74 million compared to MYR 80.4 million a year ago. Basic earnings per share from continuing operations was MYR 0.0278 compared to MYR 0.0434 a year ago. Diluted earnings per share from continuing operations was MYR 0.0278 compared to MYR 0.0401 a year ago.