Linocraft Holdings Limited reported earnings results for the third quarter and nine months ended May 31, 2022. For the third quarter, the company reported sales was MYR 62.87 million compared to MYR 68.53 million a year ago. Net income was MYR 6.53 million compared to MYR 4.91 million a year ago. Basic earnings per share from continuing operations was MYR 0.0082 compared to MYR 0.0061 a year ago. Diluted earnings per share from continuing operations was MYR 0.0082 compared to MYR 0.0061 a year ago.
For the nine months, sales was MYR 196.21 million compared to MYR 196.69 million a year ago. Net income was MYR 12.99 million compared to MYR 10.03 million a year ago. Basic earnings per share from continuing operations was MYR 0.0162 compared to MYR 0.0125 a year ago. Diluted earnings per share from continuing operations was MYR 0.0162 compared to MYR 0.0125 a year ago.