Samchem Holdings 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 276.24 million compared to MYR 366.67 million a year ago. Net income was MYR 5.4 million compared to MYR 18.21 million a year ago. Basic earnings per share from continuing operations was MYR 0.0099 compared to MYR 0.0335 a year ago. Diluted earnings per share from continuing operations was MYR 0.0099 compared to MYR 0.0335 a year ago.
For the six months, sales was MYR 531.62 million compared to MYR 731.18 million a year ago. Net income was MYR 11.93 million compared to MYR 37.8 million a year ago. Basic earnings per share from continuing operations was MYR 0.0219 compared to MYR 0.0695 a year ago. Diluted earnings per share from continuing operations was MYR 0.0219 compared to MYR 0.0695 a year ago.