Far East Holdings Berhad Third Quarter 2024 Earnings: EPS: RM0.11 (vs RM0.053 in 3Q 2023)
Far East Holdings Berhad (KLSE:FAREAST) Third Quarter 2024 Results
Key Financial Results
- Revenue: RM253.3m (up 76% from 3Q 2023).
- Net income: RM64.4m (up 104% from 3Q 2023).
- Profit margin: 25% (up from 22% in 3Q 2023). The increase in margin was driven by higher revenue.
- EPS: RM0.11 (up from RM0.053 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Far East Holdings Berhad's share price is broadly unchanged from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Far East Holdings Berhad you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About KLSE:FAREAST
Far East Holdings Berhad
Engages in the cultivation of oil palms in Malaysia.
Solid track record with excellent balance sheet and pays a dividend.
