Sarawak Cable Berhad reported earnings results for the second quarter and six months ended November 30, 2023. For the second quarter, the company reported sales was MYR 107.46 million compared to MYR 146.12 million a year ago. Net loss was MYR 35.82 million compared to MYR 11.74 million a year ago. Basic loss per share from continuing operations was MYR 0.0898 compared to MYR 0.0294 a year ago. Diluted loss per share from continuing operations was MYR 0.0898 compared to MYR 0.0294 a year ago.
For the six months, sales was MYR 199.52 million compared to MYR 325.4 million a year ago. Net loss was MYR 48.54 million compared to MYR 12.28 million a year ago. Basic loss per share from continuing operations was MYR 0.1217 compared to MYR 0.0308 a year ago. Diluted loss per share from continuing operations was MYR 0.1217 compared to MYR 0.0308 a year ago.