Hil Industries Berhad Third Quarter 2024 Earnings: EPS: RM0.029 (vs RM0.033 in 3Q 2023)

Hil Industries Berhad (KLSE:HIL) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM45.5m (down 23% from 3Q 2023).
• Net income: RM9.66m (down 11% from 3Q 2023).
• Profit margin: 21% (up from 18% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: RM0.029 (down from RM0.033 in 3Q 2023).

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

Hil Industries Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Chemicals industry in Malaysia.

Performance of the Malaysian Chemicals industry.

The company's shares are up 1.1% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Hil Industries Berhad.

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