Stock Analysis

CSC Steel Holdings Berhad Third Quarter 2024 Earnings: EPS: RM0.019 (vs RM0.023 in 3Q 2023)

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

Key Financial Results

  • Revenue: RM404.9m (flat on 3Q 2023).
  • Net income: RM6.88m (down 18% from 3Q 2023).
  • Profit margin: 1.7% (down from 2.1% in 3Q 2023).
  • EPS: RM0.019 (down from RM0.023 in 3Q 2023).
earnings-and-revenue-growth
KLSE:CSCSTEL Earnings and Revenue Growth November 24th 2024

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 stay flat during the next 3 years compared to a 5.7% growth forecast for the Metals and Mining industry in Malaysia.

Performance of the Malaysian Metals and Mining industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for CSC Steel Holdings Berhad (1 is a bit unpleasant!) that you should be aware of.

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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:CSCSTEL

CSC Steel Holdings Berhad

An investment holding company, engages in the manufacturing and marketing of steel coils in the Asia Pacific and Malaysia.

Flawless balance sheet and fair value.

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