Thong Guan Industries 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 356.5 million compared to MYR 296.83 million a year ago. Net income was MYR 27.12 million compared to MYR 22.38 million a year ago. Basic earnings per share from continuing operations was MYR 0.0702 compared to MYR 0.0585 a year ago. Diluted earnings per share from continuing operations was MYR 0.0687 compared to MYR 0.0566 a year ago.
For the nine months, sales was MYR 1,068.8 million compared to MYR 886.27 million a year ago. Net income was MYR 81.18 million compared to MYR 69.71 million a year ago. Basic earnings per share from continuing operations was MYR 0.2102 compared to MYR 0.1822 a year ago. Diluted earnings per share from continuing operations was MYR 0.2056 compared to MYR 0.1762 a year ago.