Carlsberg Brewery Malaysia Berhad Third Quarter 2024 Earnings: EPS: RM0.30 (vs RM0.25 in 3Q 2023)

Carlsberg Brewery Malaysia Berhad (KLSE:CARLSBG) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM555.9m (up 8.3% from 3Q 2023).
• Net income: RM91.0m (up 20% from 3Q 2023).
• Profit margin: 16% (up from 15% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: RM0.30 (up from RM0.25 in 3Q 2023).

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

Carlsberg Brewery Malaysia Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Beverage industry in Malaysia.

Performance of the Malaysian Beverage industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

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

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