Quality Concrete Holdings Berhad reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported sales was MYR 52.42 million compared to MYR 63.87 million a year ago. Net loss was MYR 0.061 million compared to net income of MYR 2.02 million a year ago. Basic loss per share from continuing operations was MYR 0.0011 compared to basic earnings per share from continuing operations of MYR 0.0349 a year ago. Diluted loss per share from continuing operations was MYR 0.0011 compared to diluted earnings per share from continuing operations of MYR 0.0349 a year ago.
For the nine months, sales was MYR 136.32 million compared to MYR 161.87 million a year ago. Net loss was MYR 6.69 million compared to net income of MYR 4.14 million a year ago. Basic loss per share from continuing operations was MYR 0.1155 compared to basic earnings per share from continuing operations of MYR 0.0715 a year ago. Diluted loss per share from continuing operations was MYR 0.1155 compared to diluted earnings per share from continuing operations of MYR 0.0715 a year ago.