Kawan Food Berhad reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MYR 67.45 million compared to MYR 80.37 million a year ago. Net income was MYR 5.7 million compared to MYR 10.84 million a year ago. Basic earnings per share from continuing operations was MYR 0.0157 compared to MYR 0.0302 a year ago. Diluted earnings per share from continuing operations was MYR 0.0157 compared to MYR 0.0301 a year ago.
For the six months, sales was MYR 146.56 million compared to MYR 149.04 million a year ago. Net income was MYR 13.58 million compared to MYR 19.45 million a year ago. Basic earnings per share from continuing operations was MYR 0.0375 compared to MYR 0.0542 a year ago. Diluted earnings per share from continuing operations was MYR 0.0375 compared to MYR 0.0539 a year ago.