Minetech Resources Berhad reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was MYR 34.95 million compared to MYR 36.35 million a year ago. Net loss was MYR 0.167 million compared to MYR 0.47 million a year ago. Basic loss per share from continuing operations was MYR 0.0001 compared to MYR 0.0003 a year ago. Diluted loss per share from continuing operations was MYR 0.0001.
For the nine months, sales was MYR 94.67 million compared to MYR 87.34 million a year ago. Net loss was MYR 1.09 million compared to MYR 3.12 million a year ago. Basic loss per share from continuing operations was MYR 0.0007 compared to MYR 0.0021 a year ago.