Texchem Resources Bhd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MYR 240.46 million compared to MYR 301.46 million a year ago. Net loss was MYR 6.26 million compared to net income of MYR 6.73 million a year ago. Basic loss per share from continuing operations was MYR 0.0532 compared to basic earnings per share from continuing operations of MYR 0.057 a year ago. Diluted loss per share from continuing operations was MYR 0.0532 compared to diluted earnings per share from continuing operations of MYR 0.0562 a year ago.
For the six months, sales was MYR 508.95 million compared to MYR 608.95 million a year ago. Net loss was MYR 6.5 million compared to net income of MYR 19.82 million a year ago. Basic loss per share from continuing operations was MYR 0.0553 compared to basic earnings per share from continuing operations of MYR 0.1678 a year ago. Diluted loss per share from continuing operations was MYR 0.0553 compared to diluted earnings per share from continuing operations of MYR 0.1655 a year ago.