Stock Analysis

Panasonic Manufacturing Malaysia Berhad Second Quarter 2023 Earnings: EPS: RM0.70 (vs RM0.04 in 2Q 2022)

KLSE:PANAMY
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Panasonic Manufacturing Malaysia Berhad (KLSE:PANAMY) Second Quarter 2023 Results

Key Financial Results

  • Revenue: RM292.8m (up 107% from 2Q 2022).
  • Net income: RM42.6m (up by RM39.9m from 2Q 2022).
  • Profit margin: 14% (up from 1.9% in 2Q 2022). The increase in margin was driven by higher revenue.
  • EPS: RM0.70 (up from RM0.04 in 2Q 2022).
earnings-and-revenue-growth
KLSE:PANAMY Earnings and Revenue Growth December 4th 2022

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

Panasonic Manufacturing Malaysia Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Consumer Durables industry in Malaysia.

Performance of the Malaysian Consumer Durables industry.

The company's shares are up 1.7% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Panasonic Manufacturing Malaysia Berhad that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.