Power Root 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 92.91 million compared to MYR 105.19 million a year ago. Net income was MYR 7 million compared to MYR 11.28 million a year ago. Basic earnings per share from continuing operations was MYR 0.015 compared to MYR 0.027 a year ago. Diluted earnings per share from continuing operations was MYR 0.015 compared to MYR 0.026 a year ago.
For the nine months, sales was MYR 305.02 million compared to MYR 343 million a year ago. Net income was MYR 32.64 million compared to MYR 42.17 million a year ago. Basic earnings per share from continuing operations was MYR 0.072 compared to MYR 0.101 a year ago. Diluted earnings per share from continuing operations was MYR 0.071 compared to MYR 0.098 a year ago.