Mieco Chipboard 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 90.55 million compared to MYR 85.53 million a year ago. Net loss was MYR 11.33 million compared to MYR 1.82 million a year ago. Basic loss per share from continuing operations was MYR 0.0113 compared to MYR 0.0018 a year ago. Diluted loss per share from continuing operations was MYR 0.0113 compared to MYR 0.0018 a year ago.
For the six months, sales was MYR 149.78 million compared to MYR 188 million a year ago. Net loss was MYR 2.55 million compared to MYR 0.645 million a year ago. Basic loss per share from continuing operations was MYR 0.0025 compared to MYR 0.0006 a year ago. Diluted loss per share from continuing operations was MYR 0.0025 compared to MYR 0.0006 a year ago.