Hengyuan Refining Company 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 5,030.8 million compared to MYR 3,250 million a year ago. Net loss was MYR 640.48 million compared to MYR 54.04 million a year ago. Basic loss per share from continuing operations was MYR 2.1349 compared to MYR 0.1801 a year ago.
For the nine months, sales was MYR 16,878.21 million compared to MYR 7,949.4 million a year ago. Net income was MYR 74.46 million compared to net loss of MYR 97.11 million a year ago. Basic earnings per share from continuing operations was MYR 0.2482 compared to basic loss per share from continuing operations of MYR 0.3237 a year ago.