Pacific & Orient Berhad reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported revenue was MYR 70.41 million compared to MYR 86.35 million a year ago. Net income was MYR 8.28 million compared to net loss of MYR 20.44 million a year ago. Basic earnings per share from continuing operations was MYR 0.0308 compared to basic loss per share from continuing operations of MYR 0.0762 a year ago. Diluted earnings per share from continuing operations was MYR 0.0304.
For the nine months, revenue was MYR 237.34 million compared to MYR 332.22 million a year ago. Net loss was MYR 6.19 million compared to net income of MYR 44.12 million a year ago. Basic loss per share from continuing operations was MYR 0.023 compared to basic earnings per share from continuing operations of MYR 0.1646 a year ago.