KESM Industries Berhad reported earnings results for the third quarter and nine months ended April 30, 2023. For the third quarter, the company reported sales was MYR 57.84 million compared to MYR 58.19 million a year ago. Net loss was MYR 1.19 million compared to MYR 2.34 million a year ago. Basic loss per share from continuing operations was MYR 0.0276 compared to MYR 0.0544 a year ago.
For the nine months, sales was MYR 166.59 million compared to MYR 191.07 million a year ago. Net loss was MYR 3.45 million compared to net income of MYR 4.17 million a year ago. Basic loss per share from continuing operations was MYR 0.0801 compared to basic earnings per share from continuing operations of MYR 0.0969 a year ago.