Petra Energy 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 184.79 million compared to MYR 83.1 million a year ago. Net income was MYR 16.24 million compared to MYR 1.39 million a year ago. Basic earnings per share from continuing operations was MYR 0.0506 compared to MYR 0.0043 a year ago.
For the six months, sales was MYR 266.29 million compared to MYR 126.9 million a year ago. Net income was MYR 10.34 million compared to net loss of MYR 19.12 million a year ago. Basic earnings per share from continuing operations was MYR 0.0322 compared to basic loss per share from continuing operations of MYR 0.0596 a year ago.