Riverview Rubber Estates Berhad Second Quarter 2024 Earnings: EPS: RM0.035 (vs RM0.028 in 2Q 2023)
Riverview Rubber Estates Berhad (KLSE:RVIEW) Second Quarter 2024 Results
Key Financial Results
- Revenue: RM8.30m (up 1.6% from 2Q 2023).
- Net income: RM2.27m (up 26% from 2Q 2023).
- Profit margin: 27% (up from 22% in 2Q 2023). The increase in margin was primarily driven by lower expenses.
- EPS: RM0.035 (up from RM0.028 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Riverview Rubber Estates Berhad shares are down 2.3% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Riverview Rubber Estates Berhad, and understanding them should be part of your investment process.
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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.
About KLSE:RVIEW
Riverview Rubber Estates Berhad
Engages in the cultivation of oil palm plantations in Peninsular Malaysia.
Flawless balance sheet average dividend payer.