Kumpulan Kitacon Berhad Full Year 2023 Earnings: EPS: RM0.073 (vs RM0.095 in FY 2022)

Kumpulan Kitacon Berhad (KLSE:KITACON) Full Year 2023 Results

Key Financial Results

• Revenue: RM780.9m (up 60% from FY 2022).
• Net income: RM36.4m (down 9.8% from FY 2022).
• Profit margin: 4.7% (down from 8.3% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: RM0.073 (down from RM0.095 in FY 2022).

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

Kumpulan Kitacon Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Construction industry in Malaysia.

Performance of the Malaysian Construction 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 4 warning signs for Kumpulan Kitacon Berhad you should be aware of, and 1 of them is a bit concerning.

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