Alam Maritim Resources Berhad reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was MYR 63.89 million compared to MYR 37.28 million a year ago. Net income was MYR 18.51 million compared to net loss of MYR 11.5 million a year ago. Basic earnings per share from continuing operations was MYR 0.0121 compared to basic loss per share from continuing operations of MYR 0.0075 a year ago. Diluted earnings per share from continuing operations was MYR 0.0121 compared to diluted loss per share from continuing operations of MYR 0.0075 a year ago.
For the nine months, sales was MYR 229.96 million compared to MYR 180.35 million a year ago. Net income was MYR 23.89 million compared to net loss of MYR 4.41 million a year ago. Basic earnings per share from continuing operations was MYR 0.0156 compared to basic loss per share from continuing operations of MYR 0.0029 a year ago. Diluted earnings per share from continuing operations was MYR 0.0156 compared to diluted loss per share from continuing operations of MYR 0.0029 a year ago.