Chin Well Holdings Berhad reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was MYR 90.2 million compared to MYR 167.64 million a year ago. Net loss was MYR 0.02 million compared to net income of MYR 29.97 million a year ago. Basic loss per share from continuing operations was MYR 0.0001 compared to basic earnings per share from continuing operations of MYR 0.1046 a year ago. Diluted loss per share from continuing operations was MYR 0.0001 compared to diluted earnings per share from continuing operations of MYR 0.1046 a year ago.
For the nine months, sales was MYR 360.84 million compared to MYR 460.97 million a year ago. Net income was MYR 34.39 million compared to MYR 68.38 million a year ago. Basic earnings per share from continuing operations was MYR 0.12 compared to MYR 0.2387 a year ago. Diluted earnings per share from continuing operations was MYR 0.12 compared to MYR 0.2387 a year ago.