Ni Hsin Group Berhad reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 5.08 million compared to MYR 9.35 million a year ago. Net loss was MYR 2.77 million compared to MYR 1.61 million a year ago. Basic loss per share from continuing operations was MYR 0.0053 compared to MYR 0.0032 a year ago. Diluted loss per share from continuing operations was MYR 0.0053 compared to MYR 0.0032 a year ago.
For the nine months, sales was MYR 19.88 million compared to MYR 26.62 million a year ago. Net loss was MYR 5.73 million compared to MYR 2.57 million a year ago. Basic loss per share from continuing operations was MYR 0.0109 compared to MYR 0.005 a year ago. Diluted loss per share from continuing operations was MYR 0.0109 compared to MYR 0.005 a year ago.