Oriental Food Industries Holdings Berhad Third Quarter 2023 Earnings: EPS: RM0.019 (vs RM0.032 in 3Q 2022)

Oriental Food Industries Holdings Berhad (KLSE:OFI) Third Quarter 2023 Results

Key Financial Results

• Revenue: RM96.9m (up 9.7% from 3Q 2022).
• Net income: RM4.51m (down 41% from 3Q 2022).
• Profit margin: 4.7% (down from 8.6% in 3Q 2022). The decrease in margin was driven by higher expenses.
• EPS: RM0.019 (down from RM0.032 in 3Q 2022).

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

Oriental Food Industries Holdings Berhad shares are down 11% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Oriental Food Industries Holdings Berhad has 2 warning signs we think you should be aware of.

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.