Omesti Berhad reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was MYR 38.78 million compared to MYR 40.42 million a year ago. Net loss was MYR 17.09 million compared to MYR 6.02 million a year ago. Basic loss per share from continuing operations was MYR 0.0316 compared to MYR 0.0113 a year ago. Basic loss per share was MYR 0.0316 compared to MYR 0.0113 a year ago.
For the nine months, sales was MYR 90.69 million compared to MYR 92.59 million a year ago. Net loss was MYR 28.31 million compared to net income of MYR 158 million a year ago. Basic loss per share from continuing operations was MYR 0.0524. Basic loss per share was MYR 0.0524 compared to basic earnings per share of MYR 0.2957 a year ago.