MHC Plantations Bhd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MYR 115.34 million compared to MYR 180.79 million a year ago. Net income was MYR 4.28 million compared to MYR 16.31 million a year ago. Basic earnings per share from continuing operations was MYR 0.0218 compared to MYR 0.083 a year ago.
For the six months, sales was MYR 222.32 million compared to MYR 334.14 million a year ago. Net income was MYR 7.1 million compared to MYR 27.78 million a year ago. Basic earnings per share from continuing operations was MYR 0.0361 compared to MYR 0.1413 a year ago.