Pestech International Berhad reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was MYR 97.26 million compared to MYR 192.63 million a year ago. Net loss was MYR 60.58 million compared to net income of MYR 6.79 million a year ago. Basic loss per share from continuing operations was MYR 0.0615 compared to basic earnings per share from continuing operations of MYR 0.0069 a year ago.
For the nine months, sales was MYR 329.33 million compared to MYR 582.98 million a year ago. Net loss was MYR 129.09 million compared to net income of MYR 27.49 million a year ago. Basic loss per share from continuing operations was MYR 0.1341 compared to basic earnings per share from continuing operations of MYR 0.0271 a year ago.