Mycron Steel 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 million compared to MYR 126.57 million a year ago. Net income was MYR 7.44 million compared to net loss of MYR 0.319 million a year ago. Basic earnings per share from continuing operations was MYR 0.0228 compared to basic loss per share from continuing operations of MYR 0.001 a year ago.
For the nine months, sales was MYR 563.96 million compared to MYR 380.82 million a year ago. Net income was MYR 8.8 million compared to net loss of MYR 12.28 million a year ago. Basic earnings per share from continuing operations was MYR 0.0269 compared to basic loss per share from continuing operations of MYR 0.0375 a year ago.