TH Heavy Engineering Berhad reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MYR 0.084 million compared to MYR 3.83 million a year ago. Net loss was MYR 0.656 million compared to MYR 5.35 million a year ago. Basic loss per share from continuing operations was MYR 0.0003 compared to MYR 0.0024 a year ago. Diluted loss per share from continuing operations was MYR 0.0003 compared to MYR 0.0024 a year ago.
For the six months, sales was MYR 0.478 million compared to MYR 5.72 million a year ago. Net loss was MYR 6.24 million compared to MYR 4.5 million a year ago. Basic loss per share from continuing operations was MYR 0.0028 compared to MYR 0.002 a year ago. Diluted loss per share from continuing operations was MYR 0.0028 compared to MYR 0.002 a year ago.