Lay Hong Berhad Full Year 2024 Earnings: EPS: RM0.12 (vs RM0.038 in FY 2023)

Lay Hong Berhad (KLSE:LAYHONG) Full Year 2024 Results

Key Financial Results

• Revenue: RM1.04b (down 2.5% from FY 2023).
• Net income: RM90.3m (up 221% from FY 2023).
• Profit margin: 8.7% (up from 2.6% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: RM0.12 (up from RM0.038 in FY 2023).

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

The primary driver behind last 12 months revenue was the Integrated Livestock Farming segment contributing a total revenue of RM802.7m (77% of total revenue). Notably, cost of sales worth RM779.6m amounted to 75% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to RM104.6m (60% of total expenses). Explore how LAYHONG's revenue and expenses shape its earnings.

Lay Hong Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Lay Hong Berhad you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com