HeveaBoard Berhad Third Quarter 2024 Earnings: RM0.016 loss per share (vs RM0.001 profit in 3Q 2023)

HeveaBoard Berhad (KLSE:HEVEA) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM78.9m (up 14% from 3Q 2023).
• Net loss: RM9.00m (down from RM332.0k profit in 3Q 2023).
• RM0.016 loss per share (down from RM0.001 profit in 3Q 2023).

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

HeveaBoard Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 7.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for HeveaBoard Berhad (1 is potentially serious) you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.