Globaltec Formation Berhad reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was MYR 52.94 million compared to MYR 47.56 million a year ago. Net income was MYR 1.74 million compared to MYR 5.25 million a year ago. Basic earnings per share from continuing operations was MYR 0.00648 compared to MYR 0.0195 a year ago.
For the nine months, sales was MYR 161.6 million compared to MYR 135.39 million a year ago. Net income was MYR 7.81 million compared to MYR 11.76 million a year ago. Basic earnings per share from continuing operations was MYR 0.02902 compared to MYR 0.0437 a year ago.