ASTEEL Group 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 65.66 million compared to MYR 68.54 million a year ago. Net loss was MYR 2.87 million compared to MYR 4.28 million a year ago. Basic loss per share from continuing operations was MYR 0.0059 compared to MYR 0.0096 a year ago. Diluted loss per share from continuing operations was MYR 0.0059 compared to MYR 0.0096 a year ago.
For the nine months, sales was MYR 184.27 million compared to MYR 202.41 million a year ago. Net loss was MYR 3.44 million compared to MYR 3.68 million a year ago. Basic loss per share from continuing operations was MYR 0.0071 compared to MYR 0.0083 a year ago. Diluted loss per share from continuing operations was MYR 0.0071 compared to MYR 0.0083 a year ago.