Southern Acids (M) 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 232.58 million compared to MYR 275.86 million a year ago. Net income was MYR 4.57 million compared to MYR 16.79 million a year ago. Basic earnings per share from continuing operations was MYR 0.0333 compared to MYR 0.1226 a year ago.
For the nine months, sales was MYR 680.36 million compared to MYR 852.91 million a year ago. Net income was MYR 8.32 million compared to MYR 42.8 million a year ago. Basic earnings per share from continuing operations was MYR 0.0607 compared to MYR 0.3126 a year ago.