Advancecon Holdings Berhad reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MYR 99.17 million compared to MYR 60.09 million a year ago. Net income was MYR 0.548838 million compared to net loss of MYR 2.5 million a year ago. Basic earnings per share from continuing operations was MYR 0.0011 compared to basic loss per share from continuing operations of MYR 0.0062 a year ago. Diluted earnings per share from continuing operations was MYR 0.0011 compared to diluted loss per share from continuing operations of MYR 0.0062 a year ago.
For the six months, sales was MYR 204.16 million compared to MYR 125.16 million a year ago. Net loss was MYR 1.53 million compared to MYR 1.42 million a year ago. Basic loss per share from continuing operations was MYR 0.0032 compared to MYR 0.0035 a year ago. Diluted loss per share from continuing operations was MYR 0.0032 compared to MYR 0.0035 a year ago.