Boustead Heavy Industries Corporation 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 29.87 million compared to MYR 47.15 million a year ago. Net loss was MYR 0.517 million compared to net income of MYR 12.3 million a year ago. Basic loss per share from continuing operations was MYR 0.0021 compared to basic earnings per share from continuing operations of MYR 0.0495 a year ago.
For the six months, sales was MYR 67.33 million compared to MYR 66.1 million a year ago. Net income was MYR 5.99 million compared to MYR 11.39 million a year ago. Basic earnings per share from continuing operations was MYR 0.0241 compared to MYR 0.0458 a year ago.