Muar Ban Lee Group 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 68.1 million compared to MYR 93.61 million a year ago. Net income was MYR 2.96 million compared to MYR 6.92 million a year ago. Basic earnings per share from continuing operations was MYR 0.0137 compared to MYR 0.0311 a year ago. Diluted earnings per share from continuing operations was MYR 0.0137 compared to MYR 0.0306 a year ago. Basic earnings per share was MYR 0.013 compared to MYR 0.0304 a year ago. Diluted earnings per share was MYR 0.013 compared to MYR 0.0299 a year ago.
For the six months, sales was MYR 134.63 million compared to MYR 190.42 million a year ago. Net income was MYR 3.3 million compared to MYR 10.98 million a year ago. Basic earnings per share from continuing operations was MYR 0.0159 compared to MYR 0.0491 a year ago. Diluted earnings per share from continuing operations was MYR 0.0159 compared to MYR 0.0482 a year ago. Basic earnings per share was MYR 0.0145 compared to MYR 0.0478 a year ago. Diluted earnings per share was MYR 0.0145 compared to MYR 0.0469 a year ago.