Muhibbah Engineering (M) Bhd Third Quarter 2024 Earnings: RM0.006 loss per share (vs RM0.008 profit in 3Q 2023)

Muhibbah Engineering (M) Bhd (KLSE:MUHIBAH) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM423.4m (up 48% from 3Q 2023).
• Net loss: RM4.43m (down by 172% from RM6.11m profit in 3Q 2023).
• RM0.006 loss per share (down from RM0.008 profit in 3Q 2023).

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 expected to decline by 8.6% p.a. on average during the next 3 years, while revenues in the Construction industry in Malaysia are expected to grow by 13%.

Performance of the Malaysian Construction industry.

The company's shares are down 5.3% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Muhibbah Engineering (M) Bhd's balance sheet.

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