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

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).

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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