Perusahaan Sadur Timah Malaysia (Perstima) 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 220.17 million compared to MYR 312.83 million a year ago. Net loss was MYR 5.79 million compared to net income of MYR 21.22 million a year ago. Basic loss per share from continuing operations was MYR 0.0449 compared to basic earnings per share from continuing operations of MYR 0.1644 a year ago.
For the nine months, sales was MYR 678.52 million compared to MYR 1,216.85 million a year ago. Net loss was MYR 15.37 million compared to net income of MYR 51.37 million a year ago. Basic loss per share from continuing operations was MYR 0.1191 compared to basic earnings per share from continuing operations of MYR 0.3979 a year ago.