QES Group 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 54.17 million compared to MYR 71.98 million a year ago. Net income was MYR 4.31 million compared to MYR 9.52 million a year ago. Basic earnings per share from continuing operations was MYR 0.0052 compared to MYR 0.0114 a year ago.
For the nine months, sales was MYR 178.37 million compared to MYR 191.44 million a year ago. Net income was MYR 15.95 million compared to MYR 20.96 million a year ago. Basic earnings per share from continuing operations was MYR 0.0191 compared to MYR 0.0251 a year ago.