Mieco Chipboard Berhad reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 99.09 million compared to MYR 74.64 million a year ago. Net loss was MYR 45.89 million compared to MYR 5.75 million a year ago. Basic loss per share from continuing operations was MYR 0.0459 compared to MYR 0.0057 a year ago.
For the nine months, sales was MYR 248.88 million compared to MYR 262.63 million a year ago. Net loss was MYR 48.44 million compared to MYR 6.39 million a year ago. Basic loss per share from continuing operations was MYR 0.0484 compared to MYR 0.0064 a year ago.