Cape EMS Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 20, 2023 at 12:39 pm
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Cape EMS 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 135.98 million compared to MYR 130.03 million a year ago. Net income was MYR 15.21 million compared to MYR 10.38 million a year ago. Basic earnings per share from continuing operations was MYR 0.0165 compared to MYR 0.0138 a year ago. Diluted earnings per share from continuing operations was MYR 0.0165 compared to MYR 0.0138 a year ago.
For the nine months, sales was MYR 395.1 million compared to MYR 319.75 million a year ago. Net income was MYR 38.88 million compared to MYR 24.61 million a year ago. Basic earnings per share from continuing operations was MYR 0.0442 compared to MYR 0.0504 a year ago. Diluted earnings per share from continuing operations was MYR 0.0442 compared to MYR 0.0504 a year ago.
Cape EMS Bhd is an investment holding company engaged in providing electronics manufacturing services (EMS). Its segments include EMS and other related supporting goods and services (EMS) and Die casting and machining (DCM). EMS segment offers a comprehensive range of contract manufacturing services. It offers EMS for both industrial and consumer electronic products. It is engaged in sourcing and procuring parts for production, assembly, testing, packaging, and direct shipment fulfillment. It serves various industries, such as wireless communication devices, smart utility data collection, LED lighting, pos terminal, EV chargers, life science equipment, household appliances and electronic cigarettes. It also specializes in precision aluminum die casting to create products based on customerâs design specifications. It serves its customers in regions across, including the United States, United Kingdom, Sweden, Singapore, Malaysia, Hong Kong, Japan, China, Taiwan and India.
CAPE EMS 
