Malaysia Smelting Corporation Berhad reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 364.02 million compared to MYR 344.13 million a year ago. Net income was MYR 11.82 million compared to net loss of MYR 31.32 million a year ago. Basic earnings per share from continuing operations was MYR 0.028 compared to basic loss per share from continuing operations of MYR 0.075 a year ago.
For the nine months, sales was MYR 1,031.09 million compared to MYR 1,112.44 million a year ago. Net income was MYR 75.68 million compared to MYR 72.47 million a year ago. Basic earnings per share from continuing operations was MYR 0.18 compared to MYR 0.173 a year ago.