Hong Seng Consolidated Berhad reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was MYR 3.63 million compared to MYR 117.61 million a year ago. Net loss was MYR 9.18 million compared to net income of MYR 42.3 million a year ago. Basic loss per share from continuing operations was MYR 0.0018 compared to basic earnings per share from continuing operations of MYR 0.0083 a year ago. Diluted loss per share from continuing operations was MYR 0.0018 compared to diluted earnings per share from continuing operations of MYR 0.0062 a year ago.
For the six months, sales was MYR 6.68 million compared to MYR 193.47 million a year ago. Net loss was MYR 16.01 million compared to net income of MYR 83.68 million a year ago. Basic loss per share from continuing operations was MYR 0.0031 compared to basic earnings per share from continuing operations of MYR 0.0164 a year ago. Diluted loss per share from continuing operations was MYR 0.0031 compared to diluted earnings per share from continuing operations of MYR 0.0123 a year ago.