Texchem Resources Bhd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 243.29 million compared to MYR 282.59 million a year ago. Net loss was MYR 0.75 million compared to net income of MYR 2.35 million a year ago. Basic loss per share from continuing operations was MYR 0.0064 compared to basic earnings per share from continuing operations of MYR 0.0199 a year ago. Diluted loss per share from continuing operations was MYR 0.0064 compared to diluted earnings per share from continuing operations of MYR 0.0196 a year ago.
For the nine months, sales was MYR 752.24 million compared to MYR 891.54 million a year ago. Net loss was MYR 7.25 million compared to net income of MYR 22.17 million a year ago. Basic loss per share from continuing operations was MYR 0.0618 compared to basic earnings per share from continuing operations of MYR 0.1874 a year ago. Diluted loss per share from continuing operations was MYR 0.0618 compared to diluted earnings per share from continuing operations of MYR 0.185 a year ago.