CCK Consolidated Holdings Berhad Third Quarter 2023 Earnings: EPS: RM0.032 (vs RM0.042 in 3Q 2022)

CCK Consolidated Holdings Berhad (KLSE:CCK) Third Quarter 2023 Results

Key Financial Results

• Revenue: RM251.7m (up 6.8% from 3Q 2022).
• Net income: RM20.0m (down 24% from 3Q 2022).
• Profit margin: 7.9% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses.
• EPS: RM0.032 (down from RM0.042 in 3Q 2022).

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

CCK Consolidated Holdings Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Food industry in Malaysia.

Performance of the Malaysian Food industry.

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

Risk Analysis

We should say that we've discovered 1 warning sign for CCK Consolidated Holdings Berhad that you should be aware of before investing here.

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