Wah Seong Corporation 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 695.99 million compared to MYR 303.8 million a year ago. Net income was MYR 19.57 million compared to net loss of MYR 5.94 million a year ago. Basic earnings per share from continuing operations was MYR 0.0253 compared to basic loss per share from continuing operations of MYR 0.0077 a year ago. Diluted earnings per share from continuing operations was MYR 0.0253 compared to diluted loss per share from continuing operations of MYR 0.0077 a year ago.
For the nine months, sales was MYR 1,891.88 million compared to MYR 974.1 million a year ago. Net income was MYR 41.94 million compared to MYR 4.6 million a year ago. Basic earnings per share from continuing operations was MYR 0.0542 compared to MYR 0.0059 a year ago. Diluted earnings per share from continuing operations was MYR 0.0542 compared to MYR 0.0059 a year ago.