Kim Loong Resources Berhad reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported sales was MYR 448.68 million compared to MYR 402.41 million a year ago. Net income was MYR 47.97 million compared to MYR 36.74 million a year ago. Basic earnings per share from continuing operations was MYR 0.0495 compared to MYR 0.038 a year ago. Diluted earnings per share from continuing operations was MYR 0.0494 compared to MYR 0.0379 a year ago.
For the nine months, sales was MYR 1,160.97 million compared to MYR 1,476.53 million a year ago. Net income was MYR 122.84 million compared to MYR 125.64 million a year ago. Basic earnings per share from continuing operations was MYR 0.1269 compared to MYR 0.13 a year ago. Diluted earnings per share from continuing operations was MYR 0.1267 compared to MYR 0.1297 a year ago.