Mycron Steel Berhad reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was MYR 134.18 million compared to MYR 251.08 million a year ago. Net loss was MYR 13.53 million compared to net income of MYR 20.75 million a year ago. Basic loss per share from continuing operations was MYR 0.0414 compared to basic earnings per share from continuing operations of MYR 0.0635 a year ago.
For the six months, sales was MYR 254.25 million compared to MYR 397.96 million a year ago. Net loss was MYR 11.96 million compared to net income of MYR 28.65 million a year ago. Basic loss per share from continuing operations was MYR 0.0366 compared to basic earnings per share from continuing operations of MYR 0.0876 a year ago.