MMAG Holdings Berhad reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was MYR 121.34 million compared to MYR 127.89 million a year ago. Net loss was MYR 0.108 million compared to MYR 11.18 million a year ago. Basic loss per share from continuing operations was MYR 0.0004 compared to MYR 0.05 a year ago. Diluted loss per share from continuing operations was MYR 0.0004 compared to MYR 0.05 a year ago.
For the nine months, sales was MYR 354.03 million compared to MYR 319.73 million a year ago. Net income was MYR 2.05 million compared to net loss of MYR 21.05 million a year ago. Basic earnings per share from continuing operations was MYR 0.008 compared to basic loss per share from continuing operations of MYR 0.12 a year ago. Diluted earnings per share from continuing operations was MYR 0.008 compared to diluted loss per share from continuing operations of MYR 0.12 a year ago.