IOI Corporation 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 2,396.8 million compared to MYR 3,304 million a year ago. Net income was MYR 335.4 million compared to MYR 712.1 million a year ago. Basic earnings per share from continuing operations was MYR 0.0541 compared to MYR 0.1147 a year ago. Diluted earnings per share from continuing operations was MYR 0.0541 compared to MYR 0.1147 a year ago.
For the six months, sales was MYR 4,601 million compared to MYR 6,972.7 million a year ago. Net income was MYR 639.4 million compared to MYR 879.6 million a year ago. Basic earnings per share from continuing operations was MYR 0.1031 compared to MYR 0.1416 a year ago. Diluted earnings per share from continuing operations was MYR 0.1031 compared to MYR 0.1416 a year ago.