Sarawak Oil Palms 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 1,175.34 million compared to MYR 1,399.47 million a year ago. Net income was MYR 48.12 million compared to MYR 154.46 million a year ago. Basic earnings per share from continuing operations was MYR 0.054 compared to MYR 0.1748 a year ago. Diluted earnings per share from continuing operations was MYR 0.054 compared to MYR 0.1746 a year ago.
For the six months, sales was MYR 2,382.37 million compared to MYR 2,834.04 million a year ago. Net income was MYR 92.29 million compared to MYR 349.45 million a year ago. Basic earnings per share from continuing operations was MYR 0.1037 compared to MYR 0.4001 a year ago. Diluted earnings per share from continuing operations was MYR 0.1037 compared to MYR 0.3991 a year ago.