Zelan 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 8.23 million compared to MYR 5.83 million a year ago. Net loss was MYR 0.128 million compared to net income of MYR 5.41 million a year ago. Basic loss per share from continuing operations was MYR 0.0002 compared to basic earnings per share from continuing operations of MYR 0.0064 a year ago.
For the nine months, sales was MYR 26.11 million compared to MYR 27.75 million a year ago. Net income was MYR 16.44 million compared to MYR 13.89 million a year ago. Basic earnings per share from continuing operations was MYR 0.0195 compared to MYR 0.0164 a year ago.