JBB Builders International Full Year 2024 Earnings: EPS: RM0.006 (vs RM0.016 loss in FY 2023)

JBB Builders International (HKG:1903) Full Year 2024 Results

Key Financial Results

• Revenue: RM329.3m (up 51% from FY 2023).
• Net income: RM2.99m (up from RM8.23m loss in FY 2023).
• Profit margin: 0.9% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.
• EPS: RM0.006 (up from RM0.016 loss in FY 2023).

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 Marine Construction - Marine Transportation segment contributing a total revenue of RM281.9m (86% of total revenue). Notably, cost of sales worth RM321.0m amounted to 97% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM10.4m (139% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of RM2.18m. Explore how 1903's revenue and expenses shape its earnings.

JBB Builders International shares are down 10.0% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for JBB Builders International (of which 1 is a bit unpleasant!) you should know about.

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