Muhibbah Engineering (M) Bhd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 253.05 million compared to MYR 193.99 million a year ago. Net loss was MYR 1.28 million compared to net income of MYR 1.28 million a year ago. Basic loss per share from continuing operations was MYR 0.0018 compared to basic earnings per share from continuing operations of MYR 0.0026 a year ago. Diluted loss per share from continuing operations was MYR 0.0018 compared to diluted earnings per share from continuing operations of MYR 0.0026 a year ago.
For the nine months, sales was MYR 624.67 million compared to MYR 701.51 million a year ago. Net income was MYR 0.531 million compared to MYR 7.77 million a year ago. Basic earnings per share from continuing operations was MYR 0.0009 compared to MYR 0.0161 a year ago. Diluted earnings per share from continuing operations was MYR 0.0009 compared to MYR 0.0161 a year ago.