Hup Seng Industries 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 81.55 million compared to MYR 73.81 million a year ago. Net income was MYR 8.72 million compared to MYR 3.04 million a year ago. Basic earnings per share from continuing operations was MYR 0.0109 compared to MYR 0.0038 a year ago. Diluted earnings per share from continuing operations was MYR 0.0109 compared to MYR 0.0038 a year ago.
For the six months, sales was MYR 167.93 million compared to MYR 153.07 million a year ago. Net income was MYR 18.39 million compared to MYR 9.81 million a year ago. Basic earnings per share from continuing operations was MYR 0.023 compared to MYR 0.0123 a year ago. Diluted earnings per share from continuing operations was MYR 0.023 compared to MYR 0.0123 a year ago.