Boustead Heavy Industries Corporation 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 35.87 million compared to MYR 43.33 million a year ago. Net income was MYR 0.564 million compared to MYR 11.78 million a year ago. Basic earnings per share from continuing operations was MYR 0.0023 compared to MYR 0.0474 a year ago.
For the nine months, sales was MYR 103.2 million compared to MYR 109.42 million a year ago. Net income was MYR 6.56 million compared to MYR 23.17 million a year ago. Basic earnings per share from continuing operations was MYR 0.0264 compared to MYR 0.0932 a year ago.