Yong Tai Berhad reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was MYR 29.2 million compared to MYR 17.18 million a year ago. Net income was MYR 1.56 million compared to net loss of MYR 84.24 million a year ago. Basic earnings per share from continuing operations was MYR 0.0041 compared to basic loss per share from continuing operations of MYR 0.3125 a year ago. Diluted earnings per share from continuing operations was MYR 0.004.
For the six months, sales was MYR 78.59 million compared to MYR 22.04 million a year ago. Net income was MYR 3.37 million compared to net loss of MYR 89.8 million a year ago. Basic earnings per share from continuing operations was MYR 0.0097 compared to basic loss per share from continuing operations of MYR 0.333 a year ago. Diluted earnings per share from continuing operations was MYR 0.0093.