Beng Kuang Marine Full Year 2023 Earnings: EPS: S$0.017 (vs S$0.026 loss in FY 2022)

Beng Kuang Marine (SGX:BEZ) Full Year 2023 Results

Key Financial Results

• Revenue: S$79.2m (up 34% from FY 2022).
• Net income: S$3.42m (up from S$5.19m loss in FY 2022).
• Profit margin: 4.3% (up from net loss in FY 2022).
• EPS: S$0.017 (up from S$0.026 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Infrastructure & Engineering (IE) segment contributing a total revenue of S$57.4m (73% of total revenue). Notably, cost of sales worth S$54.3m amounted to 69% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to S$16.0m (75% of total expenses). Explore how BEZ's revenue and expenses shape its earnings.

Beng Kuang Marine shares are up 48% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Beng Kuang Marine you should know about.

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