Widad Group Berhad reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 56.62 million compared to MYR 26.83 million a year ago. Net loss was MYR 7.65 million compared to MYR 0.919 million a year ago. Basic loss per share from continuing operations was MYR 0.0026 compared to MYR 0.0003 a year ago.
For the nine months, sales was MYR 150.26 million compared to MYR 128.37 million a year ago. Net loss was MYR 6.68 million compared to net income of MYR 12.9 million a year ago. Basic loss per share from continuing operations was MYR 0.0023 compared to basic earnings per share from continuing operations of MYR 0.0047 a year ago.