KKB Engineering Berhad Third Quarter 2024 Earnings: EPS: RM0.029 (vs RM0.034 in 3Q 2023)

KKB Engineering Berhad (KLSE:KKB) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM143.1m (up 2.2% from 3Q 2023).
• Net income: RM8.43m (down 13% from 3Q 2023).
• Profit margin: 5.9% (down from 6.9% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.029 (down from RM0.034 in 3Q 2023).

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

KKB Engineering Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia.

Performance of the Malaysian Construction industry.

The company's shares are up 1.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - KKB Engineering Berhad has 2 warning signs we think you should be aware of.

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