Hiap Teck Venture Berhad reported earnings results for the second quarter and six months ended January 31, 2024. For the second quarter, the company reported sales was MYR 459.45 million compared to MYR 360.56 million a year ago. Net income was MYR 21.43 million compared to MYR 22.42 million a year ago. Basic earnings per share from continuing operations was MYR 0.0123 compared to MYR 0.0129 a year ago.
For the six months, sales was MYR 866.96 million compared to MYR 758.39 million a year ago. Net income was MYR 12 million compared to net loss of MYR 26.72 million a year ago. Basic earnings per share from continuing operations was MYR 0.0069 compared to basic loss per share from continuing operations of MYR 0.0153 a year ago.