Globetronics Technology Bhd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 34.63 million compared to MYR 46.32 million a year ago. Net income was MYR 9.53 million compared to MYR 12.78 million a year ago. Basic earnings per share from continuing operations was MYR 0.0142 compared to MYR 0.0191 a year ago. Diluted earnings per share from continuing operations was MYR 0.0142 compared to MYR 0.0191 a year ago.
For the nine months, sales was MYR 99.27 million compared to MYR 137 million a year ago. Net income was MYR 19.91 million compared to MYR 33.42 million a year ago. Basic earnings per share from continuing operations was MYR 0.0297 compared to MYR 0.0499 a year ago. Diluted earnings per share from continuing operations was MYR 0.0297 compared to MYR 0.0499 a year ago.