Focus Lumber 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 13.7 million compared to MYR 40.81 million a year ago. Net loss was MYR 0.194 million compared to net income of MYR 10.61 million a year ago. Basic loss per share from continuing operations was MYR 0.0009 compared to basic earnings per share from continuing operations of MYR 0.0523 a year ago. Diluted loss per share from continuing operations was MYR 0.0009 compared to diluted earnings per share from continuing operations of MYR 0.0515 a year ago.
For the six months, sales was MYR 22.12 million compared to MYR 73.73 million a year ago. Net loss was MYR 1.41 million compared to net income of MYR 18 million a year ago. Basic loss per share from continuing operations was MYR 0.0065 compared to basic earnings per share from continuing operations of MYR 0.0896 a year ago. Diluted loss per share from continuing operations was MYR 0.0065 compared to diluted earnings per share from continuing operations of MYR 0.0877 a year ago.