Stock Analysis

AME Elite Consortium Berhad Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

KLSE:AME
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AME Elite Consortium Berhad (KLSE:AME) Full Year 2024 Results

Key Financial Results

  • Revenue: RM716.9m (up 25% from FY 2023).
  • Net income: RM93.1m (down 8.3% from FY 2023).
  • Profit margin: 13% (down from 18% in FY 2023).
  • EPS: RM0.15 (down from RM0.16 in FY 2023).
earnings-and-revenue-growth
KLSE:AME Earnings and Revenue Growth July 26th 2024

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

AME Elite Consortium Berhad EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) exceeded analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in Malaysia.

Performance of the Malaysian Construction industry.

The company's shares are up 1.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for AME Elite Consortium Berhad that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.