CB Industrial Product Holding 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 207.33 million compared to MYR 136.56 million a year ago. Net loss was MYR 24.17 million compared to net income of MYR 16.2 million a year ago. Basic loss per share from continuing operations was MYR 0.0506 compared to basic earnings per share from continuing operations of MYR 0.0335 a year ago. Diluted loss per share from continuing operations was MYR 0.0506 compared to diluted earnings per share from continuing operations of MYR 0.0335 a year ago.
For the nine months, sales was MYR 638.29 million compared to MYR 396.65 million a year ago. Net income was MYR 10.19 million compared to MYR 50.23 million a year ago. Basic earnings per share from continuing operations was MYR 0.0213 compared to MYR 0.1038 a year ago. Diluted earnings per share from continuing operations was MYR 0.0213 compared to MYR 0.1038 a year ago.