Wasco Berhad First Quarter 2024 Earnings: EPS: RM0.074 (vs RM0.028 in 1Q 2023)

Simply Wall St

June 04, 2024

Wasco Berhad (KLSE:WASCO) First Quarter 2024 Results

Key Financial Results

Revenue: RM643.9m (flat on 1Q 2023).
Net income: RM61.0m (up 180% from 1Q 2023).
Profit margin: 9.5% (up from 3.4% in 1Q 2023).
EPS: RM0.074 (up from RM0.028 in 1Q 2023).

earnings-and-revenue-growth — KLSE:WASCO Earnings and Revenue Growth June 4th 2024

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

Wasco Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.9% decline forecast for the Energy Services industry in Malaysia.

Performance of the Malaysian Energy Services industry.

The company's shares are down 2.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Wasco Berhad that we have uncovered.

Valuation is complex, but we're here to simplify it.

Discover if Wasco Berhad might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.