New Hoong Fatt Holdings 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 69.98 million compared to MYR 75.42 million a year ago. Net income was MYR 15.13 million compared to MYR 8.79 million a year ago. Basic earnings per share from continuing operations was MYR 0.183 compared to MYR 0.1064 a year ago.
For the six months, sales was MYR 142.68 million compared to MYR 146.09 million a year ago. Net income was MYR 30.74 million compared to MYR 17 million a year ago. Basic earnings per share from continuing operations was MYR 0.3718 compared to MYR 0.2056 a year ago.