Straits Energy Resources 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 827.57 million compared to MYR 237.05 million a year ago. Net income was MYR 4.55 million compared to MYR 1.08 million a year ago. Basic earnings per share from continuing operations was MYR 0.0052 compared to MYR 0.0014 a year ago. Diluted earnings per share from continuing operations was MYR 0.005 compared to MYR 0.0013 a year ago.
For the six months, sales was MYR 1,469.28 million compared to MYR 532.25 million a year ago. Net income was MYR 5.61 million compared to MYR 1.79 million a year ago. Basic earnings per share from continuing operations was MYR 0.0066 compared to MYR 0.0024 a year ago. Diluted earnings per share from continuing operations was MYR 0.0063 compared to MYR 0.0022 a year ago.