Magni-Tech Industries Berhad reported earnings results for the third quarter and nine months ended January 31, 2024. For the third quarter, the company reported sales was MYR 392.19 million compared to MYR 281.83 million a year ago. Net income was MYR 39.38 million compared to MYR 20.52 million a year ago. Basic earnings per share from continuing operations was MYR 0.0908 compared to MYR 0.0473 a year ago.
For the nine months, sales was MYR 1,004.17 million compared to MYR 965.77 million a year ago. Net income was MYR 93.89 million compared to MYR 69.53 million a year ago. Basic earnings per share from continuing operations was MYR 0.2166 compared to MYR 0.1604 a year ago.