Petra Energy Berhad reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 149.05 million compared to MYR 133.45 million a year ago. Net income was MYR 16.49 million compared to MYR 24.29 million a year ago. Basic earnings per share from continuing operations was MYR 0.0514 compared to MYR 0.0757 a year ago.
For the nine months, sales was MYR 415.34 million compared to MYR 260.34 million a year ago. Net income was MYR 26.83 million compared to MYR 5.17 million a year ago. Basic earnings per share from continuing operations was MYR 0.0836 compared to MYR 0.0161 a year ago.