DRB-HICOM Berhad Third Quarter 2024 Earnings: RM0.003 loss per share (vs RM0.037 profit in 3Q 2023)

DRB-HICOM Berhad (KLSE:DRBHCOM) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM4.13b (up 3.4% from 3Q 2023).
• Net income: RM4.06m (down 94% from 3Q 2023).
• Profit margin: 0.1% (down from 1.8% in 3Q 2023). The decrease in margin was driven by higher expenses.
• RM0.003 loss per share (down from RM0.037 profit in 3Q 2023).

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

DRB-HICOM Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Auto industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 3.4% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for DRB-HICOM Berhad you should know about.

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