Spring Art Holdings Berhad reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 9.73 million compared to MYR 1.77 million a year ago. Net income was MYR 0.405 million compared to net loss of MYR 1.02 million a year ago. Basic earnings per share from continuing operations was MYR 0.001 compared to basic loss per share from continuing operations of MYR 0.0025 a year ago. Diluted earnings per share from continuing operations was MYR 0.001 compared to diluted loss per share from continuing operations of MYR 0.0025 a year ago.
For the nine months, sales was MYR 33.58 million compared to MYR 31.03 million a year ago. Net income was MYR 2.47 million compared to MYR 0.804 million a year ago. Basic earnings per share from continuing operations was MYR 0.0059 compared to MYR 0.0019 a year ago. Diluted earnings per share from continuing operations was MYR 0.0059 compared to MYR 0.0019 a year ago.