ARK Resources Holdings Berhad Second Quarter 2024 Earnings: EPS: RM0.008 (vs RM0.002 loss in 2Q 2023)

ARK Resources Holdings Berhad (KLSE:ARK) Second Quarter 2024 Results

Key Financial Results

• Revenue: RM36.6m (up by RM33.5m from 2Q 2023).
• Net income: RM577.0k (up from RM144.0k loss in 2Q 2023).
• Profit margin: 1.6% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
• EPS: RM0.008 (up from RM0.002 loss in 2Q 2023).

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

ARK Resources Holdings Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for ARK Resources Holdings Berhad that you should be aware of.

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