Magni-Tech Industries Berhad reported earnings results for the second quarter and six months ended October 31, 2022. For the second quarter, the company reported sales was MYR 343.04 million compared to MYR 112.26 million a year ago. Net income was MYR 24.98 million compared to MYR 17.08 million a year ago. Basic earnings per share from continuing operations was MYR 0.0576 compared to MYR 0.0394 a year ago.
For the six months, sales was MYR 683.94 million compared to MYR 417.82 million a year ago. Net income was MYR 49.01 million compared to MYR 38.13 million a year ago. Basic earnings per share from continuing operations was MYR 0.1131 compared to MYR 0.088 a year ago.