Benalec Holdings Berhad Second Quarter 2024 Earnings: EPS: RM0.002 (vs RM0.012 loss in 2Q 2023)

Benalec Holdings Berhad (KLSE:BENALEC) Second Quarter 2024 Results

Key Financial Results

• Revenue: RM12.8m (up 47% from 2Q 2023).
• Net income: RM2.48m (up from RM12.6m loss in 2Q 2023).
• Profit margin: 19% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses.
• EPS: RM0.002 (up from RM0.012 loss in 2Q 2023).

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

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

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Benalec Holdings Berhad (1 is concerning!) that you should be aware of.

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