Teo Seng Capital Berhad Third Quarter 2024 Earnings: EPS: RM0.20 (vs RM0.15 in 3Q 2023)

Teo Seng Capital Berhad (KLSE:TEOSENG) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM190.3m (down 4.8% from 3Q 2023).
• Net income: RM58.1m (up 32% from 3Q 2023).
• Profit margin: 31% (up from 22% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: RM0.20 (up from RM0.15 in 3Q 2023).

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

Teo Seng Capital Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Food industry in Malaysia.

Performance of the Malaysian Food industry.

The company's shares are up 1.7% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Teo Seng Capital Berhad (including 1 which makes us a bit uncomfortable).

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