Favelle Favco 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 151.34 million compared to MYR 153.11 million a year ago. Net income was MYR 9.07 million compared to MYR 13.55 million a year ago. Basic earnings per share from continuing operations was MYR 0.0391 compared to MYR 0.0605 a year ago. Diluted earnings per share from continuing operations was MYR 0.0391 compared to MYR 0.0605 a year ago.
For the six months, sales was MYR 243.37 million compared to MYR 275.21 million a year ago. Net income was MYR 15.11 million compared to MYR 25.37 million a year ago. Basic earnings per share from continuing operations was MYR 0.0663 compared to MYR 0.1133 a year ago. Diluted earnings per share from continuing operations was MYR 0.0663 compared to MYR 0.1133 a year ago.