Tan Chong Motor Holdings 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 649.82 million compared to MYR 729.87 million a year ago. Net loss was MYR 50.7 million compared to net income of MYR 6.88 million a year ago. Basic loss per share from continuing operations was MYR 0.0778 compared to basic earnings per share from continuing operations of MYR 0.0105 a year ago.
For the nine months, sales was MYR 1,888.9 million compared to MYR 2,313.45 million a year ago. Net loss was MYR 73.9 million compared to MYR 6.4 million a year ago. Basic loss per share from continuing operations was MYR 0.1133 compared to MYR 0.0098 a year ago.