Globaltec Formation Berhad reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was MYR 47.77 million compared to MYR 56.27 million a year ago. Net income was MYR 2.38 million compared to MYR 3.04 million a year ago. Basic earnings per share from continuing operations was MYR 0.00885 compared to MYR 0.01128 a year ago.
For the six months, sales was MYR 97.38 million compared to MYR 108.66 million a year ago. Net income was MYR 3.71 million compared to MYR 6.07 million a year ago. Basic earnings per share from continuing operations was MYR 0.01377 compared to MYR 0.02254 a year ago.