Ornapaper Berhad reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 80.83 million compared to MYR 60.09 million a year ago. Net income was MYR 0.101 million compared to net loss of MYR 3.05 million a year ago. Basic earnings per share from continuing operations was MYR 0.0014 compared to basic loss per share from continuing operations of MYR 0.0411 a year ago. Diluted earnings per share from continuing operations was MYR 0.0014 compared to diluted loss per share from continuing operations of MYR 0.0411 a year ago.
For the nine months, sales was MYR 252.53 million compared to MYR 220.81 million a year ago. Net income was MYR 2.76 million compared to MYR 0.225 million a year ago. Basic earnings per share from continuing operations was MYR 0.0372 compared to MYR 0.003 a year ago. Diluted earnings per share from continuing operations was MYR 0.0372 compared to MYR 0.003 a year ago.