Automatic Systems Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MUR 84.6 million compared to MUR 75.7 million a year ago. Net income was MUR 4.3 million compared to MUR 8.5 million a year ago. Basic earnings per share from continuing operations was MUR 1.21 compared to MUR 2.41 a year ago.
For the six months, sales was MUR 112.1 million compared to MUR 132 million a year ago. Net loss was MUR 5.5 million compared to MUR 10.9 million a year ago. Basic loss per share from continuing operations was MUR 1.55 compared to MUR 3.09 a year ago.