SCB Q2 revenue at RM146mil

For its second quarter ended Nov 30, 2022, SCB reported a net loss of RM11.74mil on a revenue of RM146.12mil.

PETALING JAYA: Practice Note 17 company, Sarawak Cable Bhd (SCB), is confident of continuing to be a leading cable and wire manufacturer after undertaking a corporate restructuring and turnaround programme.

For its second quarter ended Nov 30, 2022, SCB reported a net loss of RM11.74mil on a revenue of RM146.12mil.

There are no comparative figures, as the company’s financial year-end has been changed from Dec 31 to May 31.

It reported a basic loss per share of 2.94 sen during the quarter.

For the six-month period, SCB reported a net loss of RM12.28mil on a revenue of RM325.40mil.