Pestech International 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 101.91 million compared to MYR 182.54 million a year ago. Net loss was MYR 7.86 million compared to net income of MYR 9.1 million a year ago. Basic loss per share from continuing operations was MYR 0.011 compared to basic earnings per share from continuing operations of MYR 0.008 a year ago.
For the six months, sales was MYR 232.07 million compared to MYR 390.35 million a year ago. Net loss was MYR 68.52 million compared to net income of MYR 20.97 million a year ago. Basic loss per share from continuing operations was MYR 0.0726 compared to basic earnings per share from continuing operations of MYR 0.0205 a year ago.