Minetech Resources Berhad reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was MYR 33.24 million compared to MYR 26.94 million a year ago. Net income was MYR 0.348 million compared to net loss of MYR 0.778 million a year ago. Basic earnings per share from continuing operations was MYR 0.0002 compared to basic loss per share from continuing operations of MYR 0.0007 a year ago. Diluted earnings per share from continuing operations was MYR 0.0002.
For the six months, sales was MYR 59.72 million compared to MYR 50.99 million a year ago. Net loss was MYR 0.92 million compared to MYR 2.65 million a year ago. Basic loss per share from continuing operations was MYR 0.0006 compared to MYR 0.0022 a year ago.