Solution Group Berhad reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 6.02 million compared to MYR 31.78 million a year ago. Net loss was MYR 3.07 million compared to net income of MYR 2.08 million a year ago. Basic loss per share from continuing operations was MYR 0.00703 compared to basic earnings per share from continuing operations of MYR 0.00471 a year ago. Diluted loss per share from continuing operations was MYR 0.00703 compared to diluted earnings per share from continuing operations of MYR 0.00469 a year ago.
For the nine months, sales was MYR 19.09 million compared to MYR 45.91 million a year ago. Net loss was MYR 7.55 million compared to net income of MYR 0.862 million a year ago. Basic loss per share from continuing operations was MYR 0.0173 compared to basic earnings per share from continuing operations of MYR 0.00195 a year ago.