Melewar Industrial Group Berhad First Quarter 2024 Earnings: EPS: RM0.001 (vs RM0.002 in 1Q 2023)

Melewar Industrial Group Berhad (KLSE:MELEWAR) First Quarter 2024 Results

Key Financial Results

• Revenue: RM164.2m (up 35% from 1Q 2023).
• Net income: RM789.0k (down 4.6% from 1Q 2023).
• Profit margin: 0.5% (down from 0.7% in 1Q 2023).
• EPS: RM0.001 (down from RM0.002 in 1Q 2023).

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

Melewar Industrial Group Berhad shares are down 5.5% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Melewar Industrial Group Berhad (at least 1 which is potentially serious), and understanding these should be part of your investment process.

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