Widad Group Berhad reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was MYR 26.83 million compared to MYR 34.25 million a year ago. Net loss was MYR 0.919 million compared to net income of MYR 3.44 million a year ago. Basic loss per share from continuing operations was MYR 0.0003 compared to basic earnings per share from continuing operations of MYR 0.0013 a year ago. Diluted loss per share from continuing operations was MYR 0.0003 compared to diluted earnings per share from continuing operations of MYR 0.0011 a year ago.
For the nine months, sales was MYR 128.37 million compared to MYR 82.56 million a year ago. Net income was MYR 12.9 million compared to MYR 6.17 million a year ago. Basic earnings per share from continuing operations was MYR 0.0047 compared to MYR 0.0024 a year ago. Diluted earnings per share from continuing operations was MYR 0.0041 compared to MYR 0.002 a year ago.