Vsolar Group Berhad Reports Earnings Results for the Second Quarter Ended March 31, 2021
May 28, 2021 at 08:41 am EDT
Vsolar Group Berhad announced earnings results for the second quarter ended March 31, 2021. For the second quarter, the company announced sales was MYR 3.327 million compared to MYR 880,000 a year ago. Operating loss was MYR 3.672 million compared to MYR 380,000 a year ago. Net loss was MYR 3.723 million compared to MYR 366,000 a year ago. Basic loss per share from continuing operations was MYR 0.0017 compared to MYR 0.0009 a year ago. Diluted loss per share from continuing operations was MYR 0.0012 compared to MYR 0.0009 a year ago. For the half year, basic loss per share from continuing operations was MYR 0.0105 compared to MYR 0.0057 a year ago. Diluted loss per share from continuing operations was MYR 0.0076 compared to MYR 0.0057 a year ago. Sales was MYR 7.020 million compared to MYR 1.923 million a year ago. Operating loss was MYR 23.057 million compared to MYR 2.318 million a year ago. Net loss was MYR 23.127 million compared to MYR 2.280 million a year ago.