Kuchai Development 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 1.05 million compared to MYR 0.719 million a year ago. Net income was MYR 4.55 million compared to MYR 0.27 million a year ago. Basic earnings per share from continuing operations was MYR 0.0367 compared to MYR 0.0022 a year ago. Diluted earnings per share from continuing operations was MYR 0.0367 compared to MYR 0.0022 a year ago.
For the six months, sales was MYR 5.67 million compared to MYR 2.25 million a year ago. Net income was MYR 8.24 million compared to net loss of MYR 13.18 million a year ago. Basic earnings per share from continuing operations was MYR 0.0666 compared to basic loss per share from continuing operations of MYR 0.1065 a year ago. Diluted earnings per share from continuing operations was MYR 0.0666 compared to diluted loss per share from continuing operations of MYR 0.1065 a year ago.