Tiong Nam Logistics Holdings 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 188.91 million compared to MYR 187.53 million a year ago. Net income was MYR 44.71 million compared to MYR 0.194 million a year ago. Basic earnings per share from continuing operations was MYR 0.087 compared to MYR 0.0004 a year ago. Diluted earnings per share from continuing operations was MYR 0.087 compared to MYR 0.0004 a year ago.
For the nine months, sales was MYR 565.22 million compared to MYR 542.39 million a year ago. Net income was MYR 46.67 million compared to MYR 2.23 million a year ago. Basic earnings per share from continuing operations was MYR 0.0908 compared to MYR 0.0043 a year ago. Diluted earnings per share from continuing operations was MYR 0.0908 compared to MYR 0.0043 a year ago.