Choo Bee Metal 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 88.02 million compared to MYR 116.49 million a year ago. Net income was MYR 1.55 million compared to MYR 11.02 million a year ago. Basic earnings per share from continuing operations was MYR 0.0079 compared to MYR 0.0562 a year ago.
For the six months, sales was MYR 192.79 million compared to MYR 278.53 million a year ago. Net income was MYR 5.16 million compared to MYR 29.14 million a year ago. Basic earnings per share from continuing operations was MYR 0.0263 compared to MYR 0.1486 a year ago.