CWG Holdings Berhad Second Quarter 2024 Earnings: EPS: RM0.004 (vs RM0.01 in 2Q 2023)

CWG Holdings Berhad (KLSE:CWG) Second Quarter 2024 Results

Key Financial Results

• Revenue: RM20.1m (down 16% from 2Q 2023).
• Net income: RM721.0k (down 54% from 2Q 2023).
• Profit margin: 3.6% (down from 6.5% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: RM0.004 (down from RM0.01 in 2Q 2023).

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

CWG Holdings Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for CWG Holdings Berhad that you need to be mindful of.

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