Mycron Steel Berhad reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was MYR 126.57 million compared to MYR 174.66 million a year ago. Net loss was MYR 0.319 million compared to net income of MYR 14.91 million a year ago. Basic loss per share from continuing operations was MYR 0.001 compared to basic earnings per share from continuing operations of MYR 0.0456 a year ago.
For the nine months, sales was MYR 380.82 million compared to MYR 572.62 million a year ago. Net loss was MYR 12.28 million compared to net income of MYR 43.55 million a year ago. Basic loss per share from continuing operations was MYR 0.0375 compared to basic earnings per share from continuing operations of MYR 0.1332 a year ago.