Stock Analysis
Hap Seng Plantations Holdings Berhad Second Quarter 2024 Earnings: EPS: RM0.035 (vs RM0.012 in 2Q 2023)
Hap Seng Plantations Holdings Berhad (KLSE:HSPLANT) Second Quarter 2024 Results
Key Financial Results
- Revenue: RM182.8m (up 8.3% from 2Q 2023).
- Net income: RM27.7m (up 194% from 2Q 2023).
- Profit margin: 15% (up from 5.6% in 2Q 2023). The increase in margin was primarily driven by higher revenue.
- EPS: RM0.035 (up from RM0.012 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hap Seng Plantations Holdings Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.1% 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.
Valuation
Hap Seng Plantations Holdings Berhad's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.
Valuation is complex, but we're here to simplify it.
Discover if Hap Seng Plantations Holdings Berhad might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About KLSE:HSPLANT
Hap Seng Plantations Holdings Berhad
An investment holding company, operates as an oil palm plantation company in Malaysia.