MAG Holdings Berhad reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was MYR 43.26 million compared to MYR 14.62 million a year ago. Net income was MYR 8.57 million compared to MYR 6.69 million a year ago. Basic earnings per share from continuing operations was MYR 0.0059 compared to MYR 0.0048 a year ago. Diluted earnings per share from continuing operations was MYR 0.0057 compared to MYR 0.0046 a year ago.
For the six months, sales was MYR 73.62 million compared to MYR 32.7 million a year ago. Net income was MYR 15.59 million compared to MYR 12.5 million a year ago. Basic earnings per share from continuing operations was MYR 0.0108 compared to MYR 0.0092 a year ago. Diluted earnings per share from continuing operations was MYR 0.0104 compared to MYR 0.0091 a year ago.