Teo Seng Capital 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 199.99 million compared to MYR 166.58 million a year ago. Net income was MYR 43.83 million compared to MYR 0.516 million a year ago. Basic earnings per share from continuing operations was MYR 0.1494 compared to MYR 0.0018 a year ago. Diluted earnings per share from continuing operations was MYR 0.1494 compared to MYR 0.0018 a year ago.
For the nine months, sales was MYR 561.13 million compared to MYR 471.32 million a year ago. Net income was MYR 88.92 million compared to MYR 8.61 million a year ago. Basic earnings per share from continuing operations was MYR 0.3028 compared to MYR 0.0293 a year ago. Diluted earnings per share from continuing operations was MYR 0.3028 compared to MYR 0.0293 a year ago.