YB Ventures Berhad reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported revenue was MYR 17.11 million compared to MYR 19.57 million a year ago. Net loss was MYR 6.84 million compared to net income of MYR 4.73 million a year ago. Basic loss per share from continuing operations was MYR 0.0235 compared to basic earnings per share from continuing operations of MYR 0.0163 a year ago.
For the six months, revenue was MYR 33.53 million compared to MYR 36.95 million a year ago. Net loss was MYR 18.41 million compared to MYR 3.5 million a year ago. Basic loss per share from continuing operations was MYR 0.0632 compared to MYR 0.0121 a year ago.