Stock Analysis
Innoprise Plantations Berhad Third Quarter 2024 Earnings: EPS: RM0.045 (vs RM0.035 in 3Q 2023)
Innoprise Plantations Berhad (KLSE:INNO) Third Quarter 2024 Results
Key Financial Results
- Revenue: RM69.7m (up 18% from 3Q 2023).
- Net income: RM21.6m (up 28% from 3Q 2023).
- Profit margin: 31% (up from 29% in 3Q 2023). The increase in margin was driven by higher revenue.
- EPS: RM0.045 (up from RM0.035 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Innoprise Plantations Berhad's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Innoprise Plantations Berhad, and understanding it should be part of your investment process.
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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:INNO
Innoprise Plantations Berhad
An investment holding company, cultivates oil palms and plantation trees in Malaysia.