Stock Analysis

Innoprise Plantations Berhad Third Quarter 2023 Earnings: EPS: RM0.035 (vs RM0.031 in 3Q 2022)

KLSE:INNO
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Innoprise Plantations Berhad (KLSE:INNO) Third Quarter 2023 Results

Key Financial Results

  • Revenue: RM59.3m (down 2.2% from 3Q 2022).
  • Net income: RM16.9m (up 13% from 3Q 2022).
  • Profit margin: 29% (up from 25% in 3Q 2022). The increase in margin was driven by lower expenses.
  • EPS: RM0.035 (up from RM0.031 in 3Q 2022).
earnings-and-revenue-history
KLSE:INNO Earnings and Revenue History November 28th 2023

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

Innoprise Plantations Berhad shares are up 1.6% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Innoprise Plantations Berhad (1 is a bit concerning!) that you should be aware of before investing here.

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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.