DRB-Hicom: DRB-HICOM Berhad Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

DRB-HICOM Berhad reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was MYR 3,758.38 million compared to MYR 3,981.52 million a year ago. Net loss was MYR 7.82 million compared to net income of MYR 39.6 million a year ago. Basic loss per share from continuing operations was MYR 0.0088 compared to basic earnings per share from continuing operations of MYR 0.0174 a year ago. Diluted loss per share from continuing operations was MYR 0.0088 compared to diluted earnings per share from continuing operations of MYR 0.0174 a year ago. For the six months, sales was MYR 8,091.29 million compared to MYR 8,085.09 million a year ago. Net income was MYR 92.97 million compared to MYR 153.33 million a year ago. Basic earnings per share from continuing operations was MYR 0.0385 compared to MYR 0.0733 a year ago. Diluted earnings per share from continuing operations was MYR 0.0385 compared to MYR 0.0733 a year ago.