Can-One Berhad Second Quarter 2024 Earnings: EPS: RM0.016 (vs RM0.072 in 2Q 2023)
Can-One Berhad (KLSE:CANONE) Second Quarter 2024 Results
Key Financial Results
- Revenue: RM762.4m (up 8.1% from 2Q 2023).
- Net income: RM3.12m (down 77% from 2Q 2023).
- Profit margin: 0.4% (down from 1.9% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: RM0.016 (down from RM0.072 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Can-One Berhad shares are down 5.9% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Can-One Berhad that you need to take into consideration.
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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:CANONE
Can-One Berhad
An investment holding company, manufactures and sells metal and lithographed tin cans, plastic jerry cans, rigid packaging products, aluminum cans, and corrugated fiberboard cartons in Malaysia, Vietnam, Singapore, Myanmar, Indonesia, and the United States.
Solid track record with mediocre balance sheet.
