Astino Berhad Second Quarter 2023 Earnings: EPS: RM0.006 (vs RM0.022 in 2Q 2022)
Astino Berhad (KLSE:ASTINO) Second Quarter 2023 Results
Key Financial Results
- Revenue: RM143.3m (down 12% from 2Q 2022).
- Net income: RM2.95m (down 73% from 2Q 2022).
- Profit margin: 2.1% (down from 6.7% in 2Q 2022). The decrease in margin was driven by lower revenue.
- EPS: RM0.006 (down from RM0.022 in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Astino Berhad's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Astino Berhad that you need to take into consideration.
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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.
About KLSE:ASTINO
Astino Berhad
An investment holding company, manufactures, processes, trades, and sells in metal building materials and other steel products under the Astino brand name.
Flawless balance sheet and slightly overvalued.
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