Kuchai Development 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 1.02 million compared to MYR 0.923 million a year ago. Net loss was MYR 0.512 million compared to net income of MYR 1.34 million a year ago. Basic loss per share from continuing operations was MYR 0.0041 compared to basic earnings per share from continuing operations of MYR 0.0108 a year ago. Diluted loss per share from continuing operations was MYR 0.0041 compared to diluted earnings per share from continuing operations of MYR 0.0108 a year ago.
For the nine months, sales was MYR 6.69 million compared to MYR 3.17 million a year ago. Net income was MYR 7.73 million compared to MYR 32.3 million a year ago. Basic earnings per share from continuing operations was MYR 0.0625 compared to MYR 0.261 a year ago. Diluted earnings per share from continuing operations was MYR 0.0625 compared to MYR 0.261 a year ago.