Coastal Contracts Bhd Full Year 2024 Earnings: EPS: RM0.30 (vs RM0.41 in FY 2023)

Coastal Contracts Bhd (KLSE:COASTAL) Full Year 2024 Results

Key Financial Results

• Revenue: RM77.8m (down 65% from FY 2023).
• Net income: RM163.0m (down 25% from FY 2023).
• EPS: RM0.30 (down from RM0.41 in FY 2023).

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

Coastal Contracts Bhd Earnings Insights

Looking ahead, revenue is forecast to grow 54% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in Malaysia.

Performance of the Malaysian Machinery industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Coastal Contracts Bhd you should be aware of.

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