Powerwell Holdings Berhad reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was MYR 40.58 million compared to MYR 32.59 million a year ago. Net income was MYR 2.42 million compared to MYR 1.16 million a year ago. Basic earnings per share from continuing operations was MYR 0.0042 compared to MYR 0.002 a year ago. Diluted earnings per share from continuing operations was MYR 0.0042 compared to MYR 0.002 a year ago.
For the six months, sales was MYR 65.42 million compared to MYR 56.4 million a year ago. Net income was MYR 3.7 million compared to MYR 2.37 million a year ago. Basic earnings per share from continuing operations was MYR 0.0064 compared to MYR 0.0041 a year ago. Diluted earnings per share from continuing operations was MYR 0.0064 compared to MYR 0.0041 a year ago.