Hengyuan Refining Company 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 3,541.14 million compared to MYR 6,894.16 million a year ago. Net loss was MYR 95.51 million compared to net income of MYR 667.49 million a year ago. Basic loss per share from continuing operations was MYR 0.3184 compared to basic earnings per share from continuing operations of MYR 2.2249 a year ago.
For the six months, sales was MYR 7,923.56 million compared to MYR 11,847.42 million a year ago. Net loss was MYR 216.05 million compared to net income of MYR 714.94 million a year ago. Basic loss per share from continuing operations was MYR 0.7202 compared to basic earnings per share from continuing operations of MYR 2.3831 a year ago.