Hengyuan Refining Company Berhad reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MYR 6,894.16 million compared to MYR 2,501.51 million a year ago. Net income was MYR 667.49 million compared to net loss of MYR 59.38 million a year ago. Basic earnings per share from continuing operations was MYR 2.2249 compared to basic loss per share from continuing operations of MYR 0.1979 a year ago.
For the six months, sales was MYR 11,847.42 million compared to MYR 4,699.4 million a year ago. Net income was MYR 714.94 million compared to net loss of MYR 43.07 million a year ago. Basic earnings per share from continuing operations was MYR 2.3831 compared to basic loss per share from continuing operations of MYR 0.1436 a year ago.