Kia Lim Berhad Third Quarter 2024 Earnings: EPS: RM0.025 (vs RM0.039 in 3Q 2023)

Kia Lim Berhad (KLSE:KIALIM) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM11.2m (down 2.3% from 3Q 2023).
• Net income: RM1.55m (down 36% from 3Q 2023).
• Profit margin: 14% (down from 21% in 3Q 2023). The decrease in margin was primarily driven by higher expenses.
• EPS: RM0.025 (down from RM0.039 in 3Q 2023).

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

Kia Lim Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Basic Materials industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 1.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Kia Lim Berhad (of which 2 are a bit unpleasant!) you should know about.

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