Kinergy Advancement Berhad reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 48.62 million compared to MYR 48.3 million a year ago. Net income was MYR 20.36 million compared to MYR 1.05 million a year ago. Basic earnings per share from continuing operations was MYR 0.0113 compared to MYR 0.0006 a year ago. Diluted earnings per share from continuing operations was MYR 0.0068 compared to MYR 0.0004 a year ago.
For the nine months, sales was MYR 136.46 million compared to MYR 143.92 million a year ago. Net income was MYR 26.14 million compared to MYR 2.28 million a year ago. Basic earnings per share from continuing operations was MYR 0.0145 compared to MYR 0.0013 a year ago. Diluted earnings per share from continuing operations was MYR 0.0087 compared to MYR 0.0009 a year ago.