Sern Kou Resources Berhad reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was MYR 117.55 million compared to MYR 83.19 million a year ago. Net income was MYR 0.288 million compared to net loss of MYR 6.6 million a year ago. Basic earnings per share from continuing operations was MYR 0.0001 compared to basic loss per share from continuing operations of MYR 0.0071 a year ago. Diluted earnings per share from continuing operations was MYR 0.0001.
For the six months, sales was MYR 254.69 million compared to MYR 195.23 million a year ago. Net income was MYR 0.386 million compared to net loss of MYR 4.57 million a year ago. Basic earnings per share from continuing operations was MYR 0.0002 compared to basic loss per share from continuing operations of MYR 0.005 a year ago. Diluted earnings per share from continuing operations was MYR 0.0002.