Hibiscus Petroleum 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 627.55 million compared to MYR 713.13 million a year ago. Net income was MYR 102.34 million compared to MYR 70.47 million a year ago. Basic earnings per share from continuing operations was MYR 0.1272 compared to MYR 0.0875 a year ago. Diluted earnings per share from continuing operations was MYR 0.1272 compared to MYR 0.0875 a year ago.
For the six months, sales was MYR 1,374.17 million compared to MYR 1,317.89 million a year ago. Net income was MYR 256.63 million compared to MYR 205.73 million a year ago. Basic earnings per share from continuing operations was MYR 0.3189 compared to MYR 0.2556 a year ago. Diluted earnings per share from continuing operations was MYR 0.3189 compared to MYR 0.2556 a year ago.