Sapura Energy 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 1,143.16 million compared to MYR 1,172.88 million a year ago. Net income was MYR 42.81 million compared to net loss of MYR 2.59 million a year ago. Basic earnings per share from continuing operations was MYR 0.0027 compared to basic loss per share from continuing operations of MYR 0.0002 a year ago. Diluted earnings per share from continuing operations was MYR 0.0027 compared to diluted loss per share from continuing operations of MYR 0.0002 a year ago.
For the six months, sales was MYR 2,094.88 million compared to MYR 2,058.96 million a year ago. Net income was MYR 188.89 million compared to MYR 89.34 million a year ago. Basic earnings per share from continuing operations was MYR 0.0118 compared to MYR 0.0056 a year ago.