Sin Heng Chan (Malaya) Berhad reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MYR 10.96 million compared to MYR 16.87 million a year ago. Net income was MYR 1.08 million compared to MYR 6.56 million a year ago. Basic earnings per share from continuing operations was MYR 0.0037 compared to MYR 0.0224 a year ago. Diluted earnings per share from continuing operations was MYR 0.0026 compared to MYR 0.0159 a year ago.
For the six months, sales was MYR 21.12 million compared to MYR 30.78 million a year ago. Net income was MYR 2.22 million compared to MYR 11.88 million a year ago. Basic earnings per share from continuing operations was MYR 0.0076 compared to MYR 0.0406 a year ago. Diluted earnings per share from continuing operations was MYR 0.0054 compared to MYR 0.0288 a year ago.