Solarvest Holdings 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 112.4 million compared to MYR 101.51 million a year ago. Net income was MYR 10.65 million compared to MYR 5.2 million a year ago. Basic earnings per share from continuing operations was MYR 0.0159 compared to MYR 0.0078 a year ago. Diluted earnings per share from continuing operations was MYR 0.0147 compared to MYR 0.0078 a year ago.
For the nine months, sales was MYR 395.69 million compared to MYR 252.32 million a year ago. Net income was MYR 24.53 million compared to MYR 14.5 million a year ago. Basic earnings per share from continuing operations was MYR 0.0367 compared to MYR 0.0217 a year ago. Diluted earnings per share from continuing operations was MYR 0.0344 compared to MYR 0.0216 a year ago.