Malaysia Smelting Corporation Berhad Third Quarter 2024 Earnings: EPS: RM0.034 (vs RM0.028 in 3Q 2023)

Malaysia Smelting Corporation Berhad (KLSE:MSC) Third Quarter 2024 Results

Key Financial Results

• Revenue: RM470.1m (up 29% from 3Q 2023).
• Net income: RM14.3m (up 21% from 3Q 2023).
• Profit margin: 3.0% (down from 3.2% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.034 (up from RM0.028 in 3Q 2023).

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

Malaysia Smelting Corporation Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Metals and Mining industry in Malaysia.

Performance of the Malaysian Metals and Mining industry.

The company's shares are down 6.6% from a week ago.

Risk Analysis

Be aware that Malaysia Smelting Corporation Berhad is showing 3 warning signs in our investment analysis and 2 of those make us uncomfortable...

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