Chin Teck Plantations Berhad Full Year 2024 Earnings: EPS: RM0.96 (vs RM0.58 in FY 2023)

Chin Teck Plantations Berhad (KLSE:CHINTEK) Full Year 2024 Results

Key Financial Results

• Revenue: RM264.9m (up 29% from FY 2023).
• Net income: RM87.3m (up 64% from FY 2023).
• Profit margin: 33% (up from 26% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: RM0.96 (up from RM0.58 in FY 2023).

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

Chin Teck Plantations Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.5% 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 Chin Teck Plantations Berhad that you should be aware of before investing here.

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