Magni-Tech Industries Berhad reported earnings results for the first quarter ended July 31, 2023. For the first quarter, the company reported sales was MYR 324.38 million compared to MYR 340.91 million a year ago. Net income was MYR 32.73 million compared to MYR 24.03 million a year ago.

Basic earnings per share from continuing operations was MYR 0.0755 compared to MYR 0.0554 a year ago.