Malayan Cement Berhad reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was MYR 794.89 million compared to MYR 374.8 million a year ago. Net income was MYR 18.24 million compared to MYR 3.64 million a year ago. Basic earnings per share from continuing operations was MYR 0.0139 compared to MYR 0.0043 a year ago. Diluted earnings per share from continuing operations was MYR 0.0103.
For the nine months, sales was MYR 1,900.51 million compared to MYR 1,093.18 million a year ago. Net income was MYR 49.41 million compared to net loss of MYR 2.58 million a year ago. Basic earnings per share from continuing operations was MYR 0.0413 compared to basic loss per share from continuing operations of MYR 0.003 a year ago. Diluted earnings per share from continuing operations was MYR 0.0325.