Sarawak Oil Palms 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 1,273.05 million compared to MYR 1,323.77 million a year ago. Net income was MYR 94.55 million compared to MYR 82.34 million a year ago. Basic earnings per share from continuing operations was MYR 0.1062 compared to MYR 0.0925 a year ago. Diluted earnings per share from continuing operations was MYR 0.1061 compared to MYR 0.0923 a year ago.
For the nine months, sales was MYR 3,655.41 million compared to MYR 4,157.81 million a year ago. Net income was MYR 186.84 million compared to MYR 431.79 million a year ago. Basic earnings per share from continuing operations was MYR 0.2099 compared to MYR 0.4943 a year ago. Diluted earnings per share from continuing operations was MYR 0.2098 compared to MYR 0.4924 a year ago.