Magnum Berhad Third Quarter 2024 Earnings: EPS: RM0.02 (vs RM0.021 in 3Q 2023)

Magnum Berhad (KLSE:MAGNUM) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM516.0m (flat on 3Q 2023).
• Net income: RM29.3m (down 1.7% from 3Q 2023).
• Profit margin: 5.7% (in line with 3Q 2023).
• EPS: RM0.02 (down from RM0.021 in 3Q 2023).

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

Magnum Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Hospitality industry in Malaysia.

Performance of the Malaysian Hospitality industry.

The company's shares are down 2.4% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Magnum Berhad you should know about.

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