Ocean Fresh Berhad Past Earnings Performance
Past criteria checks 2/6
Ocean Fresh Berhad has been growing earnings at an average annual rate of 21.9%, while the Food industry saw earnings growing at 22.5% annually. Revenues have been growing at an average rate of 4.3% per year. Ocean Fresh Berhad's return on equity is 11.6%, and it has net margins of 3%.
Key information
21.9%
Earnings growth rate
-6.1%
EPS growth rate
| Food Industry Growth | 24.5% |
| Revenue growth rate | 4.3% |
| Return on equity | 11.6% |
| Net Margin | 3.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ocean Fresh Berhad makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 180 | 5 | 14 | 0 |
| 31 Mar 24 | 175 | 8 | 12 | 0 |
| 31 Dec 23 | 159 | 7 | 13 | 0 |
| 30 Sep 23 | 166 | 6 | 13 | 0 |
| 30 Jun 23 | 173 | 5 | 14 | 0 |
| 31 Mar 23 | 164 | 5 | 12 | 0 |
| 31 Dec 22 | 156 | 6 | 11 | 0 |
| 31 Dec 21 | 158 | 4 | 12 | 0 |
| 31 Dec 20 | 94 | 2 | 7 | 0 |
Quality Earnings: OFB has high quality earnings.
Growing Profit Margin: OFB's current net profit margins (3%) are lower than last year (3.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OFB's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: OFB's earnings growth over the past year (2.5%) is below its 5-year average (21.9% per year).
Earnings vs Industry: OFB earnings growth over the past year (2.5%) did not outperform the Food industry 24.2%.
Return on Equity
High ROE: OFB's Return on Equity (11.6%) is considered low.