Tong Herr Resources 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 160.21 million compared to MYR 261.78 million a year ago. Net income was MYR 4.62 million compared to MYR 23.23 million a year ago. Basic earnings per share from continuing operations was MYR 0.0301 compared to MYR 0.1513 a year ago. Diluted earnings per share from continuing operations was MYR 0.0301 compared to MYR 0.1513 a year ago.
For the six months, sales was MYR 346.86 million compared to MYR 529.09 million a year ago. Net income was MYR 9.37 million compared to MYR 52.63 million a year ago. Basic earnings per share from continuing operations was MYR 0.061 compared to MYR 0.3428 a year ago. Diluted earnings per share from continuing operations was MYR 0.061 compared to MYR 0.3428 a year ago.