MAG Holdings 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 40.88 million compared to MYR 42.25 million a year ago. Net income was MYR 8.22 million compared to MYR 7.42 million a year ago. Basic earnings per share from continuing operations was MYR 0.0054 compared to MYR 0.0052 a year ago. Diluted earnings per share from continuing operations was MYR 0.0053 compared to MYR 0.0049 a year ago.
For the nine months, sales was MYR 114.5 million compared to MYR 74.95 million a year ago. Net income was MYR 23.82 million compared to MYR 19.91 million a year ago. Basic earnings per share from continuing operations was MYR 0.0162 compared to MYR 0.0145 a year ago. Diluted earnings per share from continuing operations was MYR 0.0155 compared to MYR 0.014 a year ago.