CSC Steel Holdings 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 404.21 million compared to MYR 363.26 million a year ago. Net income was MYR 8.35 million compared to net loss of MYR 14.18 million a year ago. Basic earnings per share from continuing operations was MYR 0.0226 compared to basic loss per share from continuing operations of MYR 0.0384 a year ago. Diluted earnings per share from continuing operations was MYR 0.0226 compared to diluted loss per share from continuing operations of MYR 0.0384 a year ago.
For the nine months, sales was MYR 1,182.44 million compared to MYR 1,337.91 million a year ago. Net income was MYR 38.99 million compared to MYR 14.94 million a year ago. Basic earnings per share from continuing operations was MYR 0.1056 compared to MYR 0.0405 a year ago. Diluted earnings per share from continuing operations was MYR 0.1056 compared to MYR 0.0405 a year ago.