Leong Hup International Berhad Third Quarter 2024 Earnings: EPS: RM0.037 (vs RM0.036 in 3Q 2023)

Leong Hup International Berhad (KLSE:LHI) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM2.27b (down 12% from 3Q 2023).
• Net income: RM135.0m (up 1.5% from 3Q 2023).
• Profit margin: 5.9% (up from 5.2% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: RM0.037 (up from RM0.036 in 3Q 2023).

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

Leong Hup International Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Food industry in Malaysia.

Performance of the Malaysian Food industry.

The company's shares are down 3.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Leong Hup International Berhad (1 is significant!) that you need to take into consideration.

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