Guan Chong Berhad reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MYR 1,160.19 million compared to MYR 1,197.51 million a year ago. Net income was MYR 28.13 million compared to MYR 44.61 million a year ago. Basic earnings per share from continuing operations was MYR 0.0239 compared to MYR 0.0422 a year ago. Diluted earnings per share from continuing operations was MYR 0.0239 compared to MYR 0.0408 a year ago.
For the six months, sales was MYR 2,262.68 million compared to MYR 2,188.03 million a year ago. Net income was MYR 51.88 million compared to MYR 97.88 million a year ago. Basic earnings per share from continuing operations was MYR 0.0442 compared to MYR 0.0927 a year ago. Diluted earnings per share from continuing operations was MYR 0.0442 compared to MYR 0.0895 a year ago.