Muar Ban Lee Group Berhad reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MYR 93.61 million compared to MYR 66.67 million a year ago. Net income was MYR 6.92 million compared to MYR 0.628 million a year ago. Basic earnings per share from continuing operations was MYR 0.0311 compared to MYR 0.0042 a year ago. Diluted earnings per share from continuing operations was MYR 0.0306 compared to MYR 0.0038 a year ago. Basic earnings per share was MYR 0.0304 compared to MYR 0.003 a year ago. Diluted earnings per share was MYR 0.0299 compared to MYR 0.0027 a year ago.
For the six months, sales was MYR 190.42 million compared to MYR 139.94 million a year ago. Net income was MYR 10.98 million compared to MYR 2.12 million a year ago. Basic earnings per share from continuing operations was MYR 0.0491 compared to MYR 0.0191 a year ago. Diluted earnings per share from continuing operations was MYR 0.0482 compared to MYR 0.0167 a year ago. Basic earnings per share was MYR 0.0478 compared to MYR 0.0179 a year ago. Diluted earnings per share was MYR 0.0469 compared to MYR 0.0156 a year ago.