Hibiscus Petroleum Berhad reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was MYR 603.51 million compared to MYR 523.34 million a year ago. Net income was MYR 101.81 million compared to MYR 71.51 million a year ago. Basic earnings per share from continuing operations was MYR 0.1271 compared to MYR 0.0888 a year ago. Diluted earnings per share from continuing operations was MYR 0.1271 compared to MYR 0.0888 a year ago.
For the nine months, sales was MYR 1,977.69 million compared to MYR 1,841.23 million a year ago. Net income was MYR 358.44 million compared to MYR 277.24 million a year ago. Basic earnings per share from continuing operations was MYR 0.4461 compared to MYR 0.3444 a year ago. Diluted earnings per share from continuing operations was MYR 0.4461 compared to MYR 0.3444 a year ago.