Engtex Group Berhad Full Year 2024 Earnings: Misses Expectations

Engtex Group Berhad (KLSE:ENGTEX) Full Year 2024 Results

Key Financial Results

• Revenue: RM1.46b (flat on FY 2023).
• Net income: RM10.3m (up 2.1% from FY 2023).
• Profit margin: 0.7% (in line with FY 2023).
• EPS: RM0.013 (in line with FY 2023).

Our free stock report includes 2 warning signs investors should be aware of before investing in Engtex Group Berhad. Read for free now.

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

Engtex Group Berhad Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 25%.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Trade Distributors industry in Malaysia.

Performance of the Malaysian Trade Distributors industry.

The company'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 Engtex Group Berhad (1 doesn't sit too well with us!) 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.