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- KLSE:SPRING
Spring Art Holdings Berhad Third Quarter 2024 Earnings: RM0.001 loss per share (vs RM0.005 profit in 3Q 2023)
Spring Art Holdings Berhad (KLSE:SPRING) Third Quarter 2024 Results
Key Financial Results
- Revenue: RM10.6m (down 27% from 3Q 2023).
- Net loss: RM336.0k (down by 117% from RM1.94m profit in 3Q 2023).
- RM0.001 loss per share (down from RM0.005 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Spring Art Holdings Berhad shares are down 7.0% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Spring Art Holdings Berhad (at least 1 which doesn't sit too well with us), and understanding these should be part of your investment process.
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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.
About KLSE:SPRING
Spring Art Holdings Berhad
An investment holding company, engages in the design, development, manufacture, marketing, and sale of ready-to-assemble furniture products in Malaysia, rest of Asia, Africa, Europe, the Middle East, North America, and Latin America.
Excellent balance sheet with proven track record.