Tong Herr Resources 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 129.11 million compared to MYR 274.97 million a year ago. Net income was MYR 0.92 million compared to MYR 20.6 million a year ago. Basic earnings per share from continuing operations was MYR 0.006 compared to MYR 0.1342 a year ago. Diluted earnings per share from continuing operations was MYR 0.006 compared to MYR 0.1342 a year ago.
For the nine months, sales was MYR 475.97 million compared to MYR 804.06 million a year ago. Net income was MYR 10.29 million compared to MYR 73.23 million a year ago. Basic earnings per share from continuing operations was MYR 0.067 compared to MYR 0.477 a year ago. Diluted earnings per share from continuing operations was MYR 0.067 compared to MYR 0.477 a year ago.