Powerwell Holdings Berhad reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was MYR 32.59 million compared to MYR 13.54 million a year ago. Net income was MYR 1.16 million compared to net loss of MYR 2.45 million a year ago. Basic earnings per share from continuing operations was MYR 0.002 compared to basic loss per share from continuing operations of MYR 0.0042 a year ago. Diluted earnings per share from continuing operations was MYR 0.002 compared to diluted loss per share from continuing operations of MYR 0.0042 a year ago.
For the six months, sales was MYR 56.4 million compared to MYR 28.44 million a year ago. Net income was MYR 2.37 million compared to net loss of MYR 2.83 million a year ago. Basic earnings per share from continuing operations was MYR 0.0041 compared to basic loss per share from continuing operations of MYR 0.0049 a year ago. Diluted earnings per share from continuing operations was MYR 0.0041 compared to diluted loss per share from continuing operations of MYR 0.0049 a year ago.