Sarawak Cable Berhad reported earnings results for the third quarter and nine months ended February 29, 2024. For the third quarter, the company reported sales was MYR 74.43 million compared to MYR 130.55 million a year ago. Net loss was MYR 21.04 million compared to MYR 14.16 million a year ago. Basic loss per share from continuing operations was MYR 0.0527 compared to MYR 0.0355 a year ago. Diluted loss per share from continuing operations was MYR 0.0527 compared to MYR 0.0355 a year ago.
For the nine months, sales was MYR 273.94 million compared to MYR 455.94 million a year ago. Net loss was MYR 69.58 million compared to MYR 26.44 million a year ago. Basic loss per share from continuing operations was MYR 0.1744 compared to MYR 0.0663 a year ago. Diluted loss per share from continuing operations was MYR 0.1744 compared to MYR 0.0663 a year ago.