Kuchai Development Berhad reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was MYR 0.719 million compared to MYR 0.373 million a year ago. Net income was MYR 0.27 million compared to MYR 1.95 million a year ago. Basic earnings per share from continuing operations was MYR 0.0022 compared to MYR 0.0157 a year ago. Diluted earnings per share from continuing operations was MYR 0.0022 compared to MYR 0.0157 a year ago.
For the six months, sales was MYR 2.25 million compared to MYR 1.55 million a year ago. Net loss was MYR 13.18 million compared to net income of MYR 0.794 million a year ago. Basic loss per share from continuing operations was MYR 0.1065 compared to basic earnings per share from continuing operations of MYR 0.0064 a year ago. Diluted loss per share from continuing operations was MYR 0.1065 compared to diluted earnings per share from continuing operations of MYR 0.0064 a year ago.