Melewar Industrial Group 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 226.76 million compared to MYR 128.89 million a year ago. Net income was MYR 6.56 million compared to net loss of MYR 0.655 million a year ago. Basic earnings per share from continuing operations was MYR 0.0129 compared to basic loss per share from continuing operations of MYR 0.0013 a year ago.
For the nine months, sales was MYR 568.7 million compared to MYR 387.47 million a year ago. Net income was MYR 3.39 million compared to net loss of MYR 15.19 million a year ago. Basic earnings per share from continuing operations was MYR 0.0031 compared to basic loss per share from continuing operations of MYR 0.0326 a year ago.