Heng Huat Resources Group Berhad reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was MYR 37.67 million compared to MYR 32.42 million a year ago. Net income was MYR 9.48 million compared to MYR 1.33 million a year ago. Basic earnings per share from continuing operations was MYR 0.0123 compared to MYR 0.0038 a year ago. Diluted earnings per share from continuing operations was MYR 0.0105 compared to MYR 0.0026 a year ago.
For the nine months, sales was MYR 121.04 million compared to MYR 72.98 million a year ago. Net income was MYR 17.39 million compared to MYR 6.96 million a year ago. Basic earnings per share from continuing operations was MYR 0.0241 compared to MYR 0.0212 a year ago. Diluted earnings per share from continuing operations was MYR 0.0205 compared to MYR 0.0143 a year ago.