Malayan United Industries Berhad reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was MYR 86.3 million compared to MYR 95.42 million a year ago. Net loss was MYR 48.33 million compared to MYR 19 million a year ago. Basic loss per share from continuing operations was MYR 0.015 compared to MYR 0.0059 a year ago. Diluted loss per share from continuing operations was MYR 0.015 compared to MYR 0.0059 a year ago.
For the nine months, sales was MYR 291.46 million compared to MYR 336.53 million a year ago. Net loss was MYR 32.71 million compared to net income of MYR 6.49 million a year ago. Basic loss per share from continuing operations was MYR 0.0101 compared to basic earnings per share from continuing operations of MYR 0.002 a year ago. Diluted loss per share from continuing operations was MYR 0.0101 compared to diluted earnings per share from continuing operations of MYR 0.002 a year ago.