Malayan Flour Mills Berhad Third Quarter 2023 Earnings: EPS: RM0.024 (vs RM0.045 in 3Q 2022)

Malayan Flour Mills Berhad (KLSE:MFLOUR) Third Quarter 2023 Results

Key Financial Results

• Revenue: RM774.9m (down 3.1% from 3Q 2022).
• Net income: RM24.2m (down 48% from 3Q 2022).
• Profit margin: 3.1% (down from 5.8% in 3Q 2022).
• EPS: RM0.024 (down from RM0.045 in 3Q 2022).

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

Malayan Flour Mills Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Food industry in Malaysia.

Performance of the Malaysian Food industry.

The company's shares are down 1.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Malayan Flour Mills Berhad (1 doesn't sit too well with us!) that you need to take into consideration.

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