Cycle & Carriage Bintang 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 320.58 million compared to MYR 241.84 million a year ago. Net income was MYR 6.48 million compared to net loss of MYR 1.8 million a year ago. Basic earnings per share from continuing operations was MYR 0.0643 compared to basic loss per share from continuing operations of MYR 0.0178 a year ago.
For the six months, sales was MYR 620.6 million compared to MYR 534.67 million a year ago. Net income was MYR 15.03 million compared to MYR 1.6 million a year ago. Basic earnings per share from continuing operations was MYR 0.1492 compared to MYR 0.0159 a year ago.