New Hoong Fatt Holdings Berhad reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 77.11 million compared to MYR 40.02 million a year ago. Net income was MYR 9.28 million compared to MYR 0.151 million a year ago. Basic earnings per share from continuing operations was MYR 0.1123 compared to MYR 0.0018 a year ago.
For the nine months, sales was MYR 223.2 million compared to MYR 161.18 million a year ago. Net income was MYR 26.28 million compared to MYR 11.81 million a year ago. Basic earnings per share from continuing operations was MYR 0.3179 compared to MYR 0.1428 a year ago.