CSC Steel Holdings Berhad reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 363.26 million compared to MYR 201.34 million a year ago. Net loss was MYR 14.18 million compared to net income of MYR 9.97 million a year ago. Basic loss per share from continuing operations was MYR 0.0384 compared to basic earnings per share from continuing operations of MYR 0.027 a year ago. Diluted loss per share from continuing operations was MYR 0.0384 compared to diluted earnings per share from continuing operations of MYR 0.027 a year ago.
For the nine months, sales was MYR 1,337.91 million compared to MYR 941.77 million a year ago. Net income was MYR 14.94 million compared to MYR 47.23 million a year ago. Basic earnings per share from continuing operations was MYR 0.0405 compared to MYR 0.1279 a year ago. Diluted earnings per share from continuing operations was MYR 0.0405 compared to MYR 0.1279 a year ago.