- Malaysia
- /
- Consumer Durables
- /
- KLSE:PANAMY
Panasonic Manufacturing Malaysia Berhad Second Quarter 2023 Earnings: EPS: RM0.70 (vs RM0.04 in 2Q 2022)
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).
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.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About KLSE:PANAMY
Panasonic Manufacturing Malaysia Berhad
Manufactures and sells electrical home appliances and related components under the Panasonic brand name in Malaysia, Japan, rest of Asia, Europe, the Middle East, and internationally.
Flawless balance sheet with acceptable track record.