Choo Bee Metal Industries 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 116.42 million compared to MYR 124.59 million a year ago. Net loss was MYR 13.56 million compared to net income of MYR 29.97 million a year ago. Basic loss per share from continuing operations was MYR 0.0692 compared to basic earnings per share from continuing operations of MYR 0.1528 a year ago.
For the nine months, sales was MYR 394.95 million compared to MYR 358.1 million a year ago. Net income was MYR 15.58 million compared to MYR 79.74 million a year ago. Basic earnings per share from continuing operations was MYR 0.0795 compared to MYR 0.4067 a year ago.