Well Chip Group Berhad Third Quarter 2024 Earnings: EPS: RM0.016 (vs RM0.40 in 3Q 2023)

Well Chip Group Berhad (KLSE:WELLCHIP) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM47.7m (down 4.8% from 3Q 2023).
• Net income: RM8.77m (down 8.9% from 3Q 2023).
• Profit margin: 18% (in line with 3Q 2023).
• EPS: RM0.016 (down from RM0.40 in 3Q 2023).

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

Well Chip Group Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Consumer Finance industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 3.3% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Well Chip Group Berhad's balance sheet health.

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