Teo Seng Capital 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 177.74 million compared to MYR 157.39 million a year ago. Net income was MYR 25.4 million compared to MYR 3.93 million a year ago. Basic earnings per share from continuing operations was MYR 0.0865 compared to MYR 0.0134 a year ago. Diluted earnings per share from continuing operations was MYR 0.0865 compared to MYR 0.0134 a year ago.
For the six months, sales was MYR 361.14 million compared to MYR 304.75 million a year ago. Net income was MYR 45.08 million compared to MYR 8.09 million a year ago. Basic earnings per share from continuing operations was MYR 0.1535 compared to MYR 0.0275 a year ago. Diluted earnings per share from continuing operations was MYR 0.1535 compared to MYR 0.0275 a year ago.