Supercomnet Technologies Berhad Third Quarter 2024 Earnings: EPS: RM0.007 (vs RM0.01 in 3Q 2023)

Supercomnet Technologies Berhad (KLSE:SCOMNET) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM37.3m (up 15% from 3Q 2023).
• Net income: RM5.51m (down 26% from 3Q 2023).
• Profit margin: 15% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.007 (down from RM0.01 in 3Q 2023).

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

Supercomnet Technologies Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 33% growth forecast for the Electrical industry in Malaysia.

Performance of the Malaysian Electrical 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 1 warning sign for Supercomnet Technologies Berhad you should be aware of.

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