Federal International 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 25.24 million compared to MYR 42.55 million a year ago. Net income was MYR 0.85 million compared to MYR 8.68 million a year ago. Basic earnings per share from continuing operations was MYR 0.006 compared to MYR 0.0659 a year ago. Diluted earnings per share from continuing operations was MYR 0.0045 compared to MYR 0.0467 a year ago.
For the nine months, sales was MYR 92.5 million compared to MYR 93.07 million a year ago. Net income was MYR 4.59 million compared to MYR 8.72 million a year ago. Basic earnings per share from continuing operations was MYR 0.0325 compared to MYR 0.0662 a year ago. Diluted earnings per share from continuing operations was MYR 0.0241 compared to MYR 0.047 a year ago.