Mieco Chipboard 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 74.64 million compared to MYR 58.28 million a year ago. Net loss was MYR 5.75 million compared to MYR 8.25 million a year ago. Basic loss per share from continuing operations was MYR 0.0057 compared to MYR 0.0098 a year ago. Diluted loss per share from continuing operations was MYR 0.0057 compared to MYR 0.0098 a year ago.
For the nine months, sales was MYR 262.63 million compared to MYR 237.82 million a year ago. Net loss was MYR 6.39 million compared to MYR 0.607 million a year ago. Basic loss per share from continuing operations was MYR 0.0064 compared to MYR 0.0007 a year ago. Diluted loss per share from continuing operations was MYR 0.0064 compared to MYR 0.0007 a year ago.