Ann Joo Resources Berhad Second Quarter 2024 Earnings: RM0.08 loss per share (vs RM0.001 profit in 2Q 2023)

Simply Wall St

August 30, 2024

Ann Joo Resources Berhad (KLSE:ANNJOO) Second Quarter 2024 Results

Key Financial Results

Revenue: RM591.1m (flat on 2Q 2023).
Net loss: RM44.9m (down from RM643.0k profit in 2Q 2023).
RM0.08 loss per share (down from RM0.001 profit in 2Q 2023).

earnings-and-revenue-history — KLSE:ANNJOO Earnings and Revenue History August 30th 2024

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

Ann Joo Resources Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Metals and Mining industry in Malaysia.

Performance of the Malaysian Metals and Mining industry.

The company's shares are down 5.0% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Ann Joo Resources Berhad.

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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.