YB Ventures Berhad reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported revenue was MYR 14.77 million compared to MYR 26.7 million a year ago. Net loss was MYR 16.9 million compared to net income of MYR 5.47 million a year ago. Basic loss per share from continuing operations was MYR 0.0582 compared to basic earnings per share from continuing operations of MYR 0.0188 a year ago.
For the nine months, revenue was MYR 51.72 million compared to MYR 56.79 million a year ago. Net loss was MYR 20.41 million compared to net income of MYR 8.8 million a year ago. Basic loss per share from continuing operations was MYR 0.0702 compared to basic earnings per share from continuing operations of MYR 0.0303 a year ago.