Engtex Group Berhad Third Quarter 2024 Earnings: EPS: RM0.002 (vs RM0.004 in 3Q 2023)

Engtex Group Berhad (KLSE:ENGTEX) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM364.6m (down 2.3% from 3Q 2023).
• Net income: RM1.82m (down 43% from 3Q 2023).
• Profit margin: 0.5% (down from 0.9% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: RM0.002 (down from RM0.004 in 3Q 2023).

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

Engtex Group Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 5.0% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Engtex Group Berhad (including 1 which is concerning).

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