Alcom Group 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 178.98 million compared to MYR 255.45 million a year ago. Net income was MYR 3.5 million compared to MYR 19.84 million a year ago. Basic earnings per share from continuing operations was MYR 0.0261 compared to MYR 0.1477 a year ago.
For the six months, sales was MYR 365.47 million compared to MYR 508.73 million a year ago. Net income was MYR 10.32 million compared to MYR 41.28 million a year ago. Basic earnings per share from continuing operations was MYR 0.0768 compared to MYR 0.3073 a year ago.