Mieco Chipboard Berhad reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MYR 85.53 million compared to MYR 81.2 million a year ago. Net loss was MYR 1.82 million compared to net income of MYR 1.2 million a year ago. Basic loss per share from continuing operations was MYR 0.0018 compared to basic earnings per share from continuing operations of MYR 0.0014 a year ago. Diluted loss per share from continuing operations was MYR 0.0018 compared to diluted earnings per share from continuing operations of MYR 0.0014 a year ago.
For the six months, sales was MYR 188 million compared to MYR 179.53 million a year ago. Net loss was MYR 0.645 million compared to net income of MYR 7.64 million a year ago. Basic loss per share from continuing operations was MYR 0.0006 compared to basic earnings per share from continuing operations of MYR 0.0091 a year ago. Diluted loss per share from continuing operations was MYR 0.0006 compared to diluted earnings per share from continuing operations of MYR 0.0091 a year ago.