Sin Heng Chan (Malaya) 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 11.44 million compared to MYR 12.09 million a year ago. Net income was MYR 3.67 million compared to MYR 1.02 million a year ago. Basic earnings per share from continuing operations was MYR 0.0125 compared to MYR 0.0035 a year ago. Diluted earnings per share from continuing operations was MYR 0.0089 compared to MYR 0.0025 a year ago.
For the nine months, sales was MYR 32.56 million compared to MYR 42.87 million a year ago. Net income was MYR 5.89 million compared to MYR 12.91 million a year ago. Basic earnings per share from continuing operations was MYR 0.0201 compared to MYR 0.0441 a year ago. Diluted earnings per share from continuing operations was MYR 0.0143 compared to MYR 0.0313 a year ago.