Stock Analysis

Comfort Gloves Berhad Third Quarter 2024 Earnings: RM0.045 loss per share (vs RM0.014 loss in 3Q 2023)

KLSE:COMFORT
Source: Shutterstock

Comfort Gloves Berhad (KLSE:COMFORT) Third Quarter 2024 Results

Key Financial Results

  • Revenue: RM105.5m (up 46% from 3Q 2023).
  • Net loss: RM26.3m (loss widened by 233% from 3Q 2023).
  • RM0.045 loss per share (further deteriorated from RM0.014 loss in 3Q 2023).
earnings-and-revenue-history
KLSE:COMFORT Earnings and Revenue History November 20th 2024

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

Comfort Gloves Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Comfort Gloves Berhad (at least 1 which is concerning), 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:COMFORT

Comfort Gloves Berhad

An investment holding company, manufactures and trades in latex gloves in Malaysia, the United States, Asia, Europe, Canada, and internationally.

Adequate balance sheet and slightly overvalued.