Kuchai Development 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 0.923 million compared to MYR 0.411 million a year ago. Net income was MYR 1.34 million compared to net loss of MYR 1.16 million a year ago. Basic earnings per share from continuing operations was MYR 0.0108 compared to basic loss per share from continuing operations of MYR 0.0094 a year ago. Diluted earnings per share from continuing operations was MYR 0.0108 compared to diluted loss per share from continuing operations of MYR 0.0094 a year ago.
For the nine months, sales was MYR 3.17 million compared to MYR 1.96 million a year ago. Net loss was MYR 11.84 million compared to MYR 0.365 million a year ago. Basic loss per share from continuing operations was MYR 0.0957 compared to MYR 0.0029 a year ago. Diluted loss per share from continuing operations was MYR 0.0957 compared to MYR 0.0029 a year ago.