Teo Seng Capital 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 166.58 million compared to MYR 144.53 million a year ago. Net income was MYR 0.516 million compared to MYR 2.28 million a year ago. Basic earnings per share from continuing operations was MYR 0.0018 compared to MYR 0.0077 a year ago. Diluted earnings per share from continuing operations was MYR 0.0018 compared to MYR 0.0077 a year ago.
For the nine months, sales was MYR 471.32 million compared to MYR 378 million a year ago. Net income was MYR 8.61 million compared to net loss of MYR 9.05 million a year ago. Basic earnings per share from continuing operations was MYR 0.0293 compared to basic loss per share from continuing operations of MYR 0.0308 a year ago. Diluted earnings per share from continuing operations was MYR 0.0293 compared to diluted loss per share from continuing operations of MYR 0.0308 a year ago.