SAM Engineering & Equipment (M) Berhad reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was MYR 347.21 million compared to MYR 351.11 million a year ago. Net income was MYR 19.19 million compared to MYR 25.2 million a year ago. Basic earnings per share from continuing operations was MYR 0.0354 compared to MYR 0.0465 a year ago.
For the nine months, sales was MYR 1,107.7 million compared to MYR 788.72 million a year ago. Net income was MYR 69.66 million compared to MYR 53.69 million a year ago. Basic earnings per share from continuing operations was MYR 0.1286 compared to MYR 0.0992 a year ago.