Karex Berhad reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was MYR 123.66 million compared to MYR 99.49 million a year ago. Net income was MYR 2.22 million compared to net loss of MYR 0.748 million a year ago. Basic earnings per share from continuing operations was MYR 0.0021 compared to basic loss per share from continuing operations of MYR 0.0007 a year ago. Diluted earnings per share from continuing operations was MYR 0.0021 compared to diluted loss per share from continuing operations of MYR 0.0007 a year ago.
For the nine months, sales was MYR 397.2 million compared to MYR 298.99 million a year ago. Net income was MYR 6.54 million compared to net loss of MYR 2.79 million a year ago. Basic earnings per share from continuing operations was MYR 0.0062 compared to basic loss per share from continuing operations of MYR 0.0026 a year ago. Diluted earnings per share from continuing operations was MYR 0.0062 compared to diluted loss per share from continuing operations of MYR 0.0026 a year ago.