Sern Kou Resources Berhad Full Year 2024 Earnings: RM0.013 loss per share (vs RM0.001 profit in FY 2023)

Sern Kou Resources Berhad (KLSE:SERNKOU) Full Year 2024 Results

Key Financial Results

• Revenue: RM493.8m (up 30% from FY 2023).
• Net loss: RM13.9m (down from RM1.30m profit in FY 2023).
• RM0.013 loss per share (down from RM0.001 profit in FY 2023).

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

The primary driver behind last 12 months revenue was the Processing and Trading of Wood (Incl. Kiln-Drying, Lamination and Sawmill) segment contributing a total revenue of RM462.9m (94% of total revenue). Notably, cost of sales worth RM481.9m amounted to 98% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM18.3m (71% of total expenses). Explore how SERNKOU's revenue and expenses shape its earnings.

Sern Kou Resources Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Sern Kou Resources Berhad that you should be aware of before investing here.

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