Far East Holdings 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 98.57 million compared to MYR 242.36 million a year ago. Net income was MYR 5.92 million compared to MYR 70.18 million a year ago. Basic earnings per share from continuing operations was MYR 0.01 compared to MYR 0.1182 a year ago. Diluted earnings per share from continuing operations was MYR 0.01 compared to MYR 0.1182 a year ago.
For the six months, sales was MYR 208.33 million compared to MYR 429.43 million a year ago. Net income was MYR 21.78 million compared to MYR 127.47 million a year ago. Basic earnings per share from continuing operations was MYR 0.0367 compared to MYR 0.2146 a year ago. Diluted earnings per share from continuing operations was MYR 0.0367 compared to MYR 0.2146 a year ago.