Shin Yang Group Berhad reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was MYR 235.27 million compared to MYR 234.38 million a year ago. Net income was MYR 19.52 million compared to MYR 37.93 million a year ago. Basic earnings per share from continuing operations was MYR 0.0172 compared to MYR 0.0331 a year ago. Diluted earnings per share from continuing operations was MYR 0.0172 compared to MYR 0.0331 a year ago.
For the six months, sales was MYR 457.68 million compared to MYR 481.68 million a year ago. Net income was MYR 45.57 million compared to MYR 88.19 million a year ago. Basic earnings per share from continuing operations was MYR 0.0402 compared to MYR 0.0752 a year ago. Diluted earnings per share from continuing operations was MYR 0.0402 compared to MYR 0.0752 a year ago.