Benalec Holdings 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 11 million compared to MYR 37.05 million a year ago. Net loss was MYR 15.08 million compared to net income of MYR 7.14 million a year ago. Basic loss per share from continuing operations was MYR 0.0148 compared to basic earnings per share from continuing operations of MYR 0.007 a year ago. Diluted loss per share from continuing operations was MYR 0.0148 compared to diluted earnings per share from continuing operations of MYR 0.007 a year ago.
For the nine months, sales was MYR 20.95 million compared to MYR 59.35 million a year ago. Net loss was MYR 35.57 million compared to MYR 15.44 million a year ago. Basic loss per share from continuing operations was MYR 0.0349 compared to MYR 0.0151 a year ago. Diluted loss per share from continuing operations was MYR 0.0349 compared to MYR 0.0151 a year ago.