Melewar Industrial Group Berhad reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was MYR 176.6 million compared to MYR 232.5 million a year ago. Net income was MYR 11.41 million compared to MYR 18.76 million a year ago. Basic earnings per share from continuing operations was MYR 0.023 compared to MYR 0.0387 a year ago. Basic earnings per share was MYR 0.023 compared to MYR 0.0387 a year ago.
For the nine months, sales was MYR 578.44 million compared to MYR 583.87 million a year ago. Net income was MYR 41.68 million compared to MYR 42.58 million a year ago. Basic earnings per share from continuing operations was MYR 0.0852 compared to MYR 0.0915 a year ago. Basic earnings per share was MYR 0.0852 compared to MYR 0.0914 a year ago.