Texchem Resources Bhd Third Quarter 2024 Earnings: EPS: RM0.01 (vs RM0.006 loss in 3Q 2023)

Texchem Resources Bhd (KLSE:TEXCHEM) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM280.8m (up 15% from 3Q 2023).
• Net income: RM1.11m (up from RM750.0k loss in 3Q 2023).
• Profit margin: 0.4% (up from net loss in 3Q 2023).
• EPS: RM0.01 (up from RM0.006 loss in 3Q 2023).

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

Texchem Resources Bhd Earnings Insights

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Industrials industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 2.8% from a week ago.

Risk Analysis

Be aware that Texchem Resources Bhd is showing 2 warning signs in our investment analysis and 1 of those is a bit unpleasant...

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