Kim Loong Resources Berhad reported earnings results for the third quarter and nine months ended October 31, 2022. For the third quarter, the company reported sales was MYR 402.41 million compared to MYR 492.8 million a year ago. Net income was MYR 36.74 million compared to MYR 41.09 million a year ago. Basic earnings per share from continuing operations was MYR 0.038 compared to MYR 0.043 a year ago. Diluted earnings per share from continuing operations was MYR 0.0379 compared to MYR 0.0429 a year ago.
For the nine months, sales was MYR 1,476.53 million compared to MYR 1,206.09 million a year ago. Net income was MYR 125.64 million compared to MYR 105.62 million a year ago. Basic earnings per share from continuing operations was MYR 0.13 compared to MYR 0.1122 a year ago. Diluted earnings per share from continuing operations was MYR 0.1297 compared to MYR 0.1121 a year ago.