Lion Posim 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 178.03 million compared to MYR 216.59 million a year ago. Net loss was MYR 0.023 million compared to MYR 0.293 million a year ago. Basic loss per share from continuing operations was MYR 0.0001 compared to MYR 0.0013 a year ago. Diluted loss per share from continuing operations was MYR 0.0001 compared to MYR 0.0013 a year ago.
For the six months, sales was MYR 379.47 million compared to MYR 412.44 million a year ago. Net income was MYR 1.08 million compared to net loss of MYR 1.28 million a year ago. Basic earnings per share from continuing operations was MYR 0.0047 compared to basic loss per share from continuing operations of MYR 0.0056 a year ago. Diluted earnings per share from continuing operations was MYR 0.0047 compared to diluted loss per share from continuing operations of MYR 0.0056 a year ago.