CSC Steel Holdings Berhad First Quarter 2024 Earnings: EPS: RM0.024 (vs RM0.043 in 1Q 2023)

CSC Steel Holdings Berhad (KLSE:CSCSTEL) First Quarter 2024 Results

Key Financial Results

• Revenue: RM397.4m (down 1.9% from 1Q 2023).
• Net income: RM8.73m (down 45% from 1Q 2023).
• Profit margin: 2.2% (down from 3.9% in 1Q 2023).
• EPS: RM0.024 (down from RM0.043 in 1Q 2023).

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

CSC Steel Holdings Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Metals and Mining industry in Malaysia.

Performance of the Malaysian Metals and Mining industry.

The company's shares are down 2.0% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for CSC Steel Holdings Berhad that you should be aware of before investing here.

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