Kim Loong Resources Berhad reported earnings results for the second quarter and six months ended July 31, 2023. For the second quarter, the company reported sales was MYR 385.61 million compared to MYR 564.38 million a year ago. Net income was MYR 43.35 million compared to MYR 49.67 million a year ago. Basic earnings per share from continuing operations was MYR 0.0448 compared to MYR 0.0514 a year ago. Diluted earnings per share from continuing operations was MYR 0.0447 compared to MYR 0.0513 a year ago.
For the six months, sales was MYR 712.29 million compared to MYR 1,074.12 million a year ago. Net income was MYR 74.87 million compared to MYR 88.9 million a year ago. Basic earnings per share from continuing operations was MYR 0.0774 compared to MYR 0.092 a year ago. Diluted earnings per share from continuing operations was MYR 0.0773 compared to MYR 0.0918 a year ago.