Muhibbah Engineering (M) Bhd Full Year 2023 Earnings: RM0.011 loss per share (vs RM0.028 loss in FY 2022)

Muhibbah Engineering (M) Bhd (KLSE:MUHIBAH) Full Year 2023 Results

Key Financial Results

• Revenue: RM1.29b (up 44% from FY 2022).
• Net loss: RM7.97m (loss narrowed by 55% from FY 2022).
• RM0.011 loss per share (improved from RM0.028 loss in FY 2022).

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

Muhibbah Engineering (M) Bhd Earnings Insights

Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 10% 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.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Muhibbah Engineering (M) Bhd's balance sheet and an in-depth analysis of the company's financial position.

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