Xin Hwa 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 32.33 million compared to MYR 37.13 million a year ago. Net loss was MYR 3.87 million compared to MYR 1.51 million a year ago. Basic loss per share from continuing operations was MYR 0.0152 compared to MYR 0.0061 a year ago. Diluted loss per share from continuing operations was MYR 0.0152 compared to MYR 0.0061 a year ago.
For the nine months, sales was MYR 101.1 million compared to MYR 95.22 million a year ago. Net loss was MYR 11.15 million compared to MYR 6.8 million a year ago. Basic loss per share from continuing operations was MYR 0.0436 compared to MYR 0.0276 a year ago. Diluted loss per share from continuing operations was MYR 0.0436 compared to MYR 0.0276 a year ago.