Ornapaper Berhad First Quarter 2024 Earnings: EPS: RM0.02 (vs RM0.001 loss in 1Q 2023)
Ornapaper Berhad (KLSE:ORNA) First Quarter 2024 Results
Key Financial Results
- Revenue: RM75.6m (up 6.4% from 1Q 2023).
- Net income: RM1.46m (up from RM76.0k loss in 1Q 2023).
- Profit margin: 1.9% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue.
- EPS: RM0.02 (up from RM0.001 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ornapaper Berhad shares are down 12% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Ornapaper Berhad has 3 warning signs (and 1 which is a bit unpleasant) we think you should know about.
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About KLSE:ORNA
Ornapaper Berhad
Engages in the manufacture and sale of corrugated boards and carton boxes for the manufacturing sector in Malaysia, Asia, and the United States.
Excellent balance sheet slight.