Shengliang Logistics (08292) announced the third quarter results for the nine months ended September 30, 2023. During the period, the group...
According to the Zhitong Finance App, Shengliang Logistics (08292) released its third quarter results for the nine months ended September 30, 2023. The group achieved profit of RM82.77 million during the period, a year-on-year decrease of 18.7%; losses attributable to shareholders of RM9.825 million, an increase of 80.74% over the previous year; and a basic loss of RM1.55 per share.
According to the announcement, compared with the same period in 2022, revenue from integrated logistics services for the nine months ended September 30, 2023 decreased by about 60.8% or about RM28.8 million. The decrease was mainly due to a decrease in revenue from air transport services of about RM18.3 million compared to the previous period.