Quality Concrete Holdings Berhad reported earnings results for the second quarter and six months ended July 31, 2023. For the second quarter, the company reported sales was MYR 46.86 million compared to MYR 45.92 million a year ago. Net loss was MYR 3.07 million compared to net income of MYR 0.057 million a year ago. Basic loss per share from continuing operations was MYR 0.0529 compared to basic earnings per share from continuing operations of MYR 0.001 a year ago. Diluted loss per share from continuing operations was MYR 0.0529 compared to diluted earnings per share from continuing operations of MYR 0.001 a year ago.
For the six months, sales was MYR 83.9 million compared to MYR 98 million a year ago. Net loss was MYR 6.63 million compared to net income of MYR 2.12 million a year ago. Basic loss per share from continuing operations was MYR 0.1144 compared to basic earnings per share from continuing operations of MYR 0.0366 a year ago. Diluted loss per share from continuing operations was MYR 0.1144 compared to diluted earnings per share from continuing operations of MYR 0.0366 a year ago.