Techbase Industries Berhad reported earnings results for the third quarter and nine months ended April 30, 2024. For the third quarter, the company reported sales was MYR 38.94 million compared to MYR 48.36 million a year ago. Net income was MYR 12 million compared to net loss of MYR 12.54 million a year ago. Basic earnings per share from continuing operations was MYR 0.0434 compared to basic loss per share from continuing operations of MYR 0.0456 a year ago. Diluted earnings per share from continuing operations was MYR 0.0258 compared to diluted loss per share from continuing operations of MYR 0.0456 a year ago.
For the nine months, sales was MYR 146.98 million compared to MYR 168.73 million a year ago. Net loss was MYR 6.49 million compared to net income of MYR 20.78 million a year ago. Basic loss per share from continuing operations was MYR 0.0235 compared to basic earnings per share from continuing operations of MYR 0.0756 a year ago.