MAG Holdings Berhad reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was MYR 51.38 million compared to MYR 43.26 million a year ago. Net income was MYR 8.52 million compared to MYR 8.57 million a year ago. Basic earnings per share from continuing operations was MYR 0.0053 compared to MYR 0.0059 a year ago. Diluted earnings per share from continuing operations was MYR 0.0051 compared to MYR 0.0057 a year ago.
For the six months, sales was MYR 98.37 million compared to MYR 73.62 million a year ago. Net income was MYR 14.95 million compared to MYR 15.59 million a year ago. Basic earnings per share from continuing operations was MYR 0.0094 compared to MYR 0.0108 a year ago. Diluted earnings per share from continuing operations was MYR 0.009 compared to MYR 0.0104 a year ago.