Ibraco 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 89.41 million compared to MYR 70.73 million a year ago. Net income was MYR 13.25 million compared to MYR 5.28 million a year ago. Basic earnings per share from continuing operations was MYR 0.0243 compared to MYR 0.0097 a year ago. Diluted earnings per share from continuing operations was MYR 0.0243 compared to MYR 0.0097 a year ago.
For the six months, sales was MYR 168.6 million compared to MYR 127.78 million a year ago. Net income was MYR 23.68 million compared to MYR 9.77 million a year ago. Basic earnings per share from continuing operations was MYR 0.0434 compared to MYR 0.0179 a year ago. Diluted earnings per share from continuing operations was MYR 0.0434 compared to MYR 0.0179 a year ago.