Barakah Offshore Petroleum Berhad reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was MYR 26.81 million compared to MYR 16.16 million a year ago. Net loss was MYR 5.3 million compared to MYR 2.26 million a year ago. Basic loss per share from continuing operations was MYR 0.0053 compared to MYR 0.0027 a year ago.
For the six months, sales was MYR 44.35 million compared to MYR 48.79 million a year ago. Net income was MYR 87.69 million compared to net loss of MYR 5.2 million a year ago. Basic earnings per share from continuing operations was MYR 0.0874 compared to basic loss per share from continuing operations of MYR 0.0062 a year ago.