Gadang Holdings Berhad reported earnings results for the third quarter and nine months ended February 28, 2023. For the third quarter, the company reported sales was MYR 123.98 million compared to MYR 119.52 million a year ago. Net loss was MYR 4.96 million compared to net income of MYR 5.45 million a year ago. Basic loss per share from continuing operations was MYR 0.0068 compared to basic earnings per share from continuing operations of MYR 0.0075 a year ago. Diluted loss per share from continuing operations was MYR 0.0068 compared to diluted earnings per share from continuing operations of MYR 0.0075 a year ago.
For the nine months, sales was MYR 382.12 million compared to MYR 513.82 million a year ago. Net loss was MYR 1.62 million compared to net income of MYR 45.68 million a year ago. Basic loss per share from continuing operations was MYR 0.0022 compared to basic earnings per share from continuing operations of MYR 0.0627 a year ago. Diluted loss per share from continuing operations was MYR 0.0022 compared to diluted earnings per share from continuing operations of MYR 0.0627 a year ago.