Stock Analysis
Far East Holdings Berhad (KLSE:FAREAST) Third Quarter 2023 Results
Key Financial Results
- Revenue: RM144.3m (down 24% from 3Q 2022).
- Net income: RM31.5m (down 50% from 3Q 2022).
- Profit margin: 22% (down from 33% in 3Q 2022). The decrease in margin was driven by lower revenue.
- EPS: RM0.053 (down from RM0.11 in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Far East Holdings Berhad shares are down 1.4% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Far East Holdings Berhad (of which 2 can't be ignored!) you should know about.
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About KLSE:FAREAST
Far East Holdings Berhad
Far East Holdings Berhad, together with its subsidiaries, engages in the cultivation of oil palms in Malaysia.
Excellent balance sheet with questionable track record.