New Hoong Fatt Holdings Berhad Third Quarter 2024 Earnings: EPS: RM0.033 (vs RM0.057 in 3Q 2023)

New Hoong Fatt Holdings Berhad (KLSE:NHFATT) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM72.6m (up 2.7% from 3Q 2023).
• Net income: RM5.47m (down 42% from 3Q 2023).
• Profit margin: 7.5% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.033 (down from RM0.057 in 3Q 2023).

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

New Hoong Fatt Holdings Berhad shares are down 4.1% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with New Hoong Fatt Holdings Berhad, and understanding these should be part of your investment process.

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