Gagasan Nadi Cergas 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 41.4 million compared to MYR 41.14 million a year ago. Net loss was MYR 4.8 million compared to net income of MYR 1.12 million a year ago. Basic loss per share from continuing operations was MYR 0.0064 compared to basic earnings per share from continuing operations of MYR 0.0015 a year ago. Diluted loss per share from continuing operations was MYR 0.0064 compared to diluted earnings per share from continuing operations of MYR 0.0015 a year ago.
For the nine months, sales was MYR 178.99 million compared to MYR 145.01 million a year ago. Net income was MYR 1.89 million compared to MYR 13.65 million a year ago. Basic earnings per share from continuing operations was MYR 0.0025 compared to MYR 0.0181 a year ago. Diluted earnings per share from continuing operations was MYR 0.0025 compared to MYR 0.0181 a year ago.