Sunway Berhad Second Quarter 2024 Earnings: EPS: RM0.041 (vs RM0.025 in 2Q 2023)

Sunway Berhad (KLSE:SUNWAY) Second Quarter 2024 Results

Key Financial Results

• Revenue: RM1.58b (up 7.6% from 2Q 2023).
• Net income: RM270.5m (up 80% from 2Q 2023).
• Profit margin: 17% (up from 10% in 2Q 2023).
• EPS: RM0.041 (up from RM0.025 in 2Q 2023).

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

Sunway Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Industrials industry in Asia.

Performance of the market in Malaysia.

The company's shares are up 2.5% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Sunway Berhad (including 1 which is a bit unpleasant).

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