New Hoong Fatt Holdings Berhad reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MYR 75.42 million compared to MYR 55.99 million a year ago. Net income was MYR 8.79 million compared to MYR 4.46 million a year ago. Basic earnings per share from continuing operations was MYR 0.1064 compared to MYR 0.054 a year ago.
For the six months, sales was MYR 146.09 million compared to MYR 121.16 million a year ago. Net income was MYR 17 million compared to MYR 11.66 million a year ago. Basic earnings per share from continuing operations was MYR 0.2056 compared to MYR 0.141 a year ago.