Kawan Food Berhad reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was MYR 88.91 million compared to MYR 79.22 million a year ago. Revenue was MYR 83.82 million compared to MYR 75.61 million a year ago. Net income was MYR 0.959 million compared to MYR 7.69 million a year ago. Basic earnings per share from continuing operations was MYR 0.0027 compared to MYR 0.0215 a year ago. Diluted earnings per share from continuing operations was MYR 0.0026 compared to MYR 0.0215 a year ago. For the nine months, sales was MYR 254.36 million compared to MYR 225.77 million a year ago. Revenue was MYR 235.56 million compared to MYR 211.58 million a year ago. Net income was MYR 18.6 million compared to MYR 21.27 million a year ago. Basic earnings per share from continuing operations was MYR 0.0514 compared to MYR 0.0594 a year ago. Diluted earnings per share from continuing operations was MYR 0.0505 compared to MYR 0.0594 a year ago.
Kawan Food is a Malaysia-based food processing company that owns and operates brands that manufacture and sell food items such as flatbreads, pastries, seafood, and desserts.