Boustead Heavy Industries Corporation 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 32.8 million compared to MYR 29.87 million a year ago. Net income was MYR 5.05 million compared to net loss of MYR 0.517 million a year ago. Basic earnings per share from continuing operations was MYR 0.0203 compared to basic loss per share from continuing operations of MYR 0.0021 a year ago.
For the six months, sales was MYR 39.16 million compared to MYR 67.33 million a year ago. Net loss was MYR 1.45 million compared to net income of MYR 5.99 million a year ago. Basic loss per share from continuing operations was MYR 0.0058 compared to basic earnings per share from continuing operations of MYR 0.0241 a year ago.