British American Tobacco (Malaysia) Berhad Third Quarter 2024 Earnings: EPS: RM0.24 (vs RM0.21 in 3Q 2023)

British American Tobacco (Malaysia) Berhad (KLSE:BAT) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM609.9m (flat on 3Q 2023).
• Net income: RM67.9m (up 14% from 3Q 2023).
• Profit margin: 11% (up from 9.8% in 3Q 2023).
• EPS: RM0.24 (up from RM0.21 in 3Q 2023).

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

British American Tobacco (Malaysia) Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Tobacco industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 2.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for British American Tobacco (Malaysia) Berhad (2 are potentially serious!) that we have uncovered.

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