APM Automotive Holdings 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 467.84 million compared to MYR 174.69 million a year ago. Net income was MYR 8.11 million compared to net loss of MYR 25.67 million a year ago. Basic earnings per share from continuing operations was MYR 0.0415 compared to basic loss per share from continuing operations of MYR 0.1313 a year ago.
For the nine months, sales was MYR 1,270.24 million compared to MYR 809.16 million a year ago. Net income was MYR 18.28 million compared to net loss of MYR 27.68 million a year ago. Basic earnings per share from continuing operations was MYR 0.0935 compared to basic loss per share from continuing operations of MYR 0.1416 a year ago.