Gadang Holdings Berhad reported earnings results for the third quarter and nine months ended February 29, 2024. For the third quarter, the company reported sales was MYR 141.15 million compared to MYR 123.98 million a year ago. Net income was MYR 6.47 million compared to net loss of MYR 4.96 million a year ago. Basic earnings per share from continuing operations was MYR 0.0089 compared to basic loss per share from continuing operations of MYR 0.0068 a year ago. Diluted earnings per share from continuing operations was MYR 0.0089 compared to diluted loss per share from continuing operations of MYR 0.0068 a year ago.
For the nine months, sales was MYR 433.07 million compared to MYR 382.12 million a year ago. Net income was MYR 14.08 million compared to net loss of MYR 1.62 million a year ago. Basic earnings per share from continuing operations was MYR 0.0193 compared to basic loss per share from continuing operations of MYR 0.0022 a year ago. Diluted earnings per share from continuing operations was MYR 0.0193 compared to diluted loss per share from continuing operations of MYR 0.0022 a year ago.