Kobay Technology Bhd. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was MYR 73.63 million compared to MYR 100.07 million a year ago. Net income was MYR 7.92 million compared to MYR 15.11 million a year ago. Basic earnings per share from continuing operations was MYR 0.0247 compared to MYR 0.0492 a year ago.
For the nine months, sales was MYR 245.22 million compared to MYR 259.04 million a year ago. Net income was MYR 27.47 million compared to MYR 39.35 million a year ago. Basic earnings per share from continuing operations was MYR 0.0858 compared to MYR 0.1281 a year ago.