Prestar Resources Berhad reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 139.08 million compared to MYR 132.56 million a year ago. Net income was MYR 7.35 million compared to net loss of MYR 9.53 million a year ago. Basic earnings per share from continuing operations was MYR 0.0205 compared to basic loss per share from continuing operations of MYR 0.0265 a year ago. Diluted earnings per share from continuing operations was MYR 0.0205 compared to diluted loss per share from continuing operations of MYR 0.0265 a year ago.
For the nine months, sales was MYR 404.38 million compared to MYR 463.61 million a year ago. Net income was MYR 17.66 million compared to MYR 18.92 million a year ago. Basic earnings per share from continuing operations was MYR 0.0492 compared to MYR 0.0525 a year ago. Diluted earnings per share from continuing operations was MYR 0.0492 compared to MYR 0.0525 a year ago.