Ann Joo Resources Berhad Third Quarter 2023 Earnings: RM0.099 loss per share (vs RM0.24 loss in 3Q 2022)

Ann Joo Resources Berhad (KLSE:ANNJOO) Third Quarter 2023 Results

Key Financial Results

• Revenue: RM638.6m (down 16% from 3Q 2022).
• Net loss: RM55.7m (loss narrowed by 58% from 3Q 2022).
• RM0.099 loss per share (improved from RM0.24 loss in 3Q 2022).

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 3.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Metals and Mining industry in Malaysia.

Performance of the Malaysian Metals and Mining industry.

The company's shares are down 6.1% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Ann Joo Resources Berhad you should be aware of.

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